The new Buy to Let underwriting rules are now in force with the majority of mainstream lenders applying a minimum rental stress of 145% at a notional rate of 5.5%. Based upon a monthly rent of £900 pcm this would equate to an advance of £135,400.
Below we have highlighted 11 Specialist Lenders which have applied different calculations (dependent on individual circumstances) to arrive at the maximum advance available. Based on £900 pcm 7 out of the 11 lenders would advance more than £200,000.

Based on a monthly rent of £900 we have highlighted below the maximum advance available (subject to lender specific criteria.) **

For further information click on the below links

                  
5 Year Fixed – 125% @ pay rate – From 3.49%
  • £247,500 maximum advance**
  • £95 3mc packaging fee
  • No minimum employment or self employment period
  • 3mc Ex Pat Ltd Co’s now available
  • Up to 10 properties with FHL allowed
  • Click here for further information
                  
5 Year Fixed – 125% @ 4% – From 3.65%
  • £216,000 maximum advance**
  • £95 3mc packaging fee
  • Up to 80% LTV Via Paragon Premier
  • HMO’s/Multi units
  • Ltd Co’s
  • Click here for further information
                  
5 Year Fixed – 125% @ pay rate – From 3.95%
  • £218,700 maximum loan**
  • £95 3mc packaging fee
  • HMO’s & multi units
  • Limited Company accepted
  • No minimum background income requirements
  • Click here for further information
5 Year Fixed – 140% @ pay rate – From 3.29%
  • £234,500 maximum advance**
  • £95 3mc packaging fee
  • No maximum age at the end of term
  • Click here for further information
5 Year Fixed – 125% @ pay rate – From 5.29%
  • £163,300**
  • £95 3mc packaging fee
  • No minimum personal income requirements
  • HMO’s
  • Ltd Co’s – Both Trading & SPV’s
  • Click here for further information
5 Year Fixed – 125% @ pay rate – From 3.99%
  • £216,500 maximum advance**
  • 5 Year fixed rates with rental based from 125% of pay rate
  • From 3.99% – 5 Yr Fixed
  • Bespoke ICR’s available
  • Click here for further information
5 Year Fixed – 125% @ pay rate – From 4.19%
  • £206,200 maximum advance**
  • HMO’s & multi units
  • Limited Company accepted
  • No minimum background income requirements
  • Click here for further information
5 Year Fixed – 140% @ pay rate – From 4.58%
  • £168,400 maximum loan**
  • £95 3mc packaging fee
  • Available to 80% LTV
  • Adverse considered
  • Click here for further information
5 Year Fixed – 125% @ 4.4%
  • £196,300 maximum advance**
  • HMO’s & multi units
  • Limited Company accepted
  • No minimum background income requirements
  • Click here for further information
5 Year Fixed – 125% @ 4.5%
  • £192,000 maximum advance**
  • HMO’s & multi units
  • Limited Company accepted
  • No minimum background income requirements
  • Click here for further information
5 Year Fixed – 125% @ 4.14%
  • £208,600 maximum advance**
  • HMO’s & multi units
  • Limited Company accepted
  • No minimum background income requirements
  • Click here for further information
 

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