We are pleased to confirm we have introduced two new Buy to Let Portfolio Landlord products.
What we have launched?
- 1.79% 2 Yr Fixed BTL Portfolio Landlord, £1,795 fee, 60% LTV, Min loan £35,000, Max loan £1,000,000
- 2.33% 5 Yr Fixed BTL Portfolio Landlord, £1,795 fee, 60% LTV, Min loan £35,000, Max loan £1,000,000
Important Reminder – We will only accept applications from portfolio landlords on our portfolio landlord products. As per the PRA definition, portfolio landlords are those with four mortgaged rental properties or more across all lenders.
View our full Buy to Let product range here
Our Buy to Let criteria at a glance
- Clients are allowed a maximum of 6 mortgaged BTL / permission-to-let (PTL) properties with us, and a maximum of 10 mortgaged BTL / PTL properties across all lenders (including us).
- Term: 5-25 years
- Maximum LTV: 75% (60% for individual loans of more than £1m)
- Maximum individual loan: £2m
- Maximum aggregate borrowing with us: £3m (£4.5m across all lenders)
- Minimum personal income: £25,000 (£75,000 for individual loans of more than £1m)
View our lending criteria here