Buy To Let

Since January 2017 Buy to Let Mortgage Lenders (that are regulated by the PRA) have implemented restrictions on lending criteria.These changes include stricter affordability tests including Interest Cover Ratio including the impact of recent Tax Changes and a stress test on interest rate rises.

The changes have made it hard for clients looking to re-mortgage their current Buy to Let mortgages.Instead of a full re-mortgage the client could look to do a Second Charge Mortgage, there by leaving their current rate intact.

Product Overview:

  • Variable Rates from 4.25% Over BBR
  • Repayment and Interest Only Products Available Up to £200,000
  • Client's Do Not Have to Own Their Residential Property
  • No Minimum Income Requirements
  • Additional Income Can Be Used to Supplement the Loan
  • Ex-Pat's & Non-UK Nationals Accepted
  • Ex-Council Flats/HMO/Student Lets & Non-Standard Constructions Accepted
  • Adverse Credit Accepted 

Contact our Business Team on 01709 205854 for advice on the best option for your client.
Buy to Let Application Form