REDUCED: buy-to-let mortgage rates

We’ve reduced our buy-to-let mortgage rates - including Limited Company and Expat!

3 and 5 year discount:

NEW FOR 3 AND 5 YEAR DISCOUNT: we have lowered our ICR for basic rate tax payers to 125% at 5.75% AND introduced a new maximum mortgage term of 35 years.

Applicants must be home owners but we will accept customers who are living in tied accommodation.

Limited Company AND Expat buy-to-let:

NEW FOR LIMITED COMPANY AND EXPAT: we have introduced a flat fee of £1,500 for all applications instead of the previous 1.00% (min £1,500) fee, regardless of loan size.

AND: we have extended our lending area and now accept applications from WC, EC, E, SE, N, NW, W, SW postcodes for Expat applications.

Don’t forget across all buy-to-let products:

  • Our buy-to-let calculator is a quick and easy way to check affordability, and works with our rental coverage of 135% using a stress rate of 5.75%
  • We consider other income to support the application, known as top-slicing, if the ICR doesn’t work
  • We accept assured shorthold tenancies (ASTs) with terms of up to 3 years
  • Our buy-to-let lending area is limited by postcode
  • No credit scoring – we assess on individual merit
  • Tailored underwriting with each case individually considered

Contact us to discuss your client's requirements today. Our Helpdesk is available 9am-5pm Monday to Friday, by calling 01635 918000.

Related articles
Register or amend your preferences for your choice of email alerts

Keep up to date with our latest news, product and event details

You can check the Financial Services register on the FCA's website.

Contact

How can we help you?

01635 555700

Call me back