Hot off the press – we have be launched a series of new limited edition BTL products that are available now.

The products are described in detail in the attached excel file, but in summary are:

  • 3.49% 5-yr fixed with 1.5% fee, minimum £300k loan size
  • 3.59% 5-yr fixed with 1% fee, minimum £300k loan size

Both products are available for Personal Ownership, HMO, Limited Company HMO and Limited Company up to 75% LTV plus lender fees 

Highlights include:

Personal names

  • Calculating on payrate
  • From 125% ICR even for higher rate tax payers
  • Bank statements not usually required (unless portfolio landlord)
  • Traditional Single family or HMOs
  • Rates calculating on payrate
  • Non owner occupiers acceptable

  Ltd Co name

  • Unlimited shareholders below age 25 (Director dependants)
  • Purchasing from sole name – Deposit can come from Directors Loan
  • New SPVs acceptable
  • Up to 4 applicants
  • Bank statements not usually required (unless portfolio landlord)
  • Calculating on payrate

Criteria highlights across all

  • Properties next door to each other considered
  • Max age 80 at application (115 end of term)
  • New build houses & Flats up to 20 storeys acceptable
  • Professional landlords – income solely from rental income acceptable with 1 years figures
  • Remortgages – Can work off rental income the Landlord receives where higher than valuers
  • Unlimited capital raising – including raising cash to purchase properties from auction.

Visit our BTL Calculator now to see how much additional borrowing the landlords can achieve.