Buy-to-Let
Mortgages
Delivering solutions with ease
Designed to be Different
Combining cutting-edge technology with hands-on service and a flexible approach, our buy-to-let mortgages have been designed to stand out. From standard residential to semi-commercial, we’ve listened to your feedback to create a range of products which cater to your clients’ needs. Affordability has been a key consideration and our criteria reflects this with ICR stress testing starting at 125% for both limited companies and individual landlords.
PRODUCTs
Standard Residential
Our mortgages have been designed to make the process as effortless as possible. We lend to individuals and corporate clients as well as first-time buyers and first-time landlords. Clients can borrow up to 80% LTV with mortgages ranging from £25,001 to £3,000,000.
HMO
Designed for both experienced and first-time landlords, our HMO mortgages are available for properties of up to 15 bedrooms by referral. We lend up to 80% LTV on homes with a minimum value of £100,000 (outside of London & South East).
MUFB
Available for individual and corporate borrowers, we offer up to 75% LTV with a minimum value of £100,000 (outside of London). We lend against properties above and adjacent to commercial assets, semi-commercial and standard builds, up to a maximum of 10 units.
Semi-commercial
Suitable for properties which comprise of less than 60% commercial space, we offer individuals and corporate borrowers up to 75% LTV with valuations based on open market value. There are no restrictions on commercial or residential unit type and we focus on all aspects of the property, meaning we can easily unlock opportunities for your client.
Standard Residential
Our mortgages have been designed to make the process as effortless as possible. We lend to individuals and corporate clients as well as first-time buyers and first-time landlords. Clients can borrow up to 80% LTV with mortgages ranging from £25,001 to £3,000,000.
HMO
Designed for both experienced and first-time landlords, our HMO mortgages are available for properties of up to 15 bedrooms by referral. We lend up to 80% LTV on homes with a minimum value of £100,000 (outside of London).
MUFB
Available for individual and corporate borrowers, we offer up to 75% LTV with a minimum value of £100,000 (outside of London). We lend against properties above and adjacent to commercial assets, semi-commercial and standard builds, up to a maximum of 10 units.
Semi-commercial
Suitable for properties with less than 60% commercial space, we offer individuals and corporate borrowers up to 75% LTV with valuations based on the open market value. There are no restrictions on commercial or residential unit type and we focus on all aspects of the property, meaning we can easily unlock opportunities for your client.
Intermediary resources
Eligibility Calculators
Short on time? Use our calculators below to find out if your clients qualify for one of our mortgages.
FIND YOUR BDM
Our regional BDMs are here to help you. Their experience and expertise ensures that you receive the support you need throughout the application process, from the initial discussion to completion.
Buy-to-Let FAQs
Find out more about our mortgages via our FAQs. If you still have questions that need answering then get in touch with us via the link below.
A buy-to-let mortgage is a specific type of mortgage which allows landlords and investors to purchase or remortgage a property before letting it out to tenants.
Yes, we lend to individuals, limited companies and limited liability partnerships (LLPs).
Yes, we will lend to first-time landlords – and first-time buyers – who are purchasing a standard residential property or purchasing a simple HMO which has less than six bedrooms, no kitchenettes / only one kitchen. We require at least 12 months’ of experience for purchasing or remortgaging an MUFB property or a complex HMO.
Yes, we do. Stress testing is set at 125% for portfolio landlords and we lend up to the product LTV.
We accept a minimum income of £15,000 per annum if the applicant has no landlord experience. If the applicant has more than 12 months’ experience, we may not require a minimum income, dependent on property type.
We evaluate each application individually on its own merits. By taking a common-sense approach, we can often support borrowers who fall outside the standard criteria and credit profile.
- Application fee: This is an upfront fee of £185 which covers the administrative costs of processing an application
- Valuation fee: This covers the surveyor’s costs for carrying out the property valuation
- Product fee: This can be paid upfront or capitalised to the loan as part of the gross total
- Funds transfer fee: This is a fee payable on day of completion. This covers the distribution of the money and can also be capitalised in the loan for seamless completion
- Early repayment charge: This will only be incurred if the borrower exits their buy-to-let mortgage early. Please refer to the product guide for specific costs.
We are unable to offer consumer BTL unless the borrower has a portfolio of more than two properties.
Our ICR stress testing starts at 125%. This rate is available on our five-year products across all tax brackets. Our team can provide more information in relation to our two-year products.
We use Method, Appraisers UK and Connells.
For buy-to-let mortgages, we accept the open market value (OMV).
An element of investment value is considered for large or complex HMOs completed on a RICS Red Book valuation report.
Yes, we do. We stress against what a standard assured shorthold tenancy (AST) would achieve. Please note that holiday lets fall within our standard buy-to-let criteria.
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