We’ve introduced a new range of products for landlords. Portfolio Landlords who have four or more buy to let mortgaged properties, including the property they’re applying for will need to choose from this product range.
We’re also increasing
- The number of BTL mortgages allowed with the Coventry Building Society Group from 3 to 5;
- The aggregate loan limit across all rental properties mortgaged with us to £2 million;
- The maximum loan amount at 50% – 75% LTV to £750k;
- The 125% ICR income threshold from <=£42.5k to <=£49k. For residents of Scotland this will remain at <=£42.5k.