Our Buy-to-Let mortgages are all available up to 75% LTV.
While our Expat products are suitable for UK nationals residing abroad who wish to purchase or re-mortgage a property in the UK, our Everyday product is perfect for first time landlords and existing landlords to purchase or re-mortgage a property. Our Limited Company products are suitable for landlords operating via a limited company to purchase or re-mortgage a property.
We have three ranges of buy-to-let mortgages:
Expat BTL – for British nationals currently living outside the UK who want to purchase or remortgage a rental property.
Everyday BTL – for landlords who want to purchase or remortgage a property.
Limited Company BTL - for purchasing through a limited company with the intent of renting out.
Key points for our Limited Company mortgages
- 2 Year fixed rates: Rental cover 125% of either pay rate +2% or 5.5% whichever is higher
- 5 year fixed rates: Rental Cover 125% of pay rate
- Rental Cover on debt for debt re-mortgage cases 125% of pay rate. Fees can be added to the loan for debt for debt remortgages
- For portfolio landlords the maximum LTV INCLUDING fees is 75%
- No time limit as to how long registered i.e. new SPV’s allowed
Key points for our Expat mortgages
- Available to First-Time-Landlords & First-Time-Buyers
- Regulated buy to let not available to applicants living in The Netherlands - At some point, either now or in the future, you or an immediate family member will occupy the premises or be a tenant.
- We will condition the offer for nomination of a UK solicitor with a minimum of 2 partners who will act for the applicant, on whom the society can serve notice in the event of default.
Key points for our Everyday BTL mortgages
- 5 Year Fixed Rates: Rental Cover 140% of pay rate
- Rental Cover on debt for debt re-mortgage cases 125% of pay rate
- Interest only or repayment
- Regulated BTL accepted
- Maximum loan size £3,000,000. Loans over this are priced on a bespoke basis and have restricted LTV’s
- For portfolio landlords the maximum LTV INCLUDING fees is 75%