-
Property Value
£65,000 Standard Properties
HMO £75,000 in certain postcodes BB, BD, CA, CW, DH, DL, FY (Excluding FY1-FY4), HD, HX, L, LA, M, NE, OL, PR, SK, TS, WA, WF, WN, YO
£120,000 for postcodes not listed above -
Advance (min)
£30,000
Large Loan range: -
Min. loan size £1,500,000 million -
Income
£25,000 (Combined) £15,000 (Combined) for experienced landlords with more than 24mnths rental experience At least one applicant much be employed, or self-employed. NB - Rental income can be included in...
-
Maximum Age
95 at the end of the mortgage term for Ltd Co’s where one other director is under 85 at end of mortgage term
-
Type/Commercial
Above Commercial - considered up to 75% LTV Residential BTL properties in a condition to be let. No commercial properties. First Time Buyer & First Time Landlord accepted with minimum employed income of £85,000 Property value must exceed £75,000 Must be suitable for letting at completion Must be in an...
-
Historic CCJ's & Defaults
No defaults OR CCJ's registered in the last 24 months, if over 24 months then assessed on a case by case basis