Buy-to-let policy
Our lending policy differs depending on whether all, one or no applicants have Indefinite Leave to Remain in the UK, or EU Settlement Scheme settled or pre-settled status.
All applicants have ILR or settled or pre-settled status
- Max LTV – 80%
- Min time in UK (all applicants) – 3 years
- Min income – none
- FTB allowed – yes
Joint application - one applicant has ILR or settled or pre-settled status
- Max LTV – 80%
- Min time in UK (all applicants) – 3 years
- Visa type – see our list of acceptable visas
- Min time remaining on visa – 9 months
- Min income – none
- FTB allowed – no. At least one applicant must be an owner occupier
We can still lend to 80% if the non ILR holder doesn’t meet our visa requirements, as long as their income isn’t being used.
Joint application – no applicants have ILR or settled or pre-settled status
- Max LTV – 80%
- Min time in UK (all applicants) – 3 years
- Visa type – see our list of acceptable visas
- Min time remaining on visa – 9 months
- Min income – One applicant to earn £75k, excluding rental income
- FTB allowed – no. At least one applicant must be an owner occupier
If an applicant doesn’t meet our visa requirements, they can still be on the mortgage, but their income won’t be used.
List of acceptable visas
- Health & Care Worker
- Skilled Worker
- British National (Overseas)
- Representative of an Overseas Business
- Scale-Up Worker
- International Sportsperson
- Minister of Religion
- UK Ancestry Visa
- Global Talent
- Partner/Spouse Visa
- Parent Visa
- Entrepreneur Visa
- Investor Visa
Please note
We cannot lend to nationals of a country subject to financial sanctions or to a foreign national with diplomatic immunity.