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Our client-focused Buy To Let Mortgage range

13th March 2017

We pride ourselves in being a bit different from some other lenders in the criteria we use to assess mortgage applications.

Our Buy To Let Mortgages are just one example of where we are adopting a client-focused as opposed to a one-size-fits-all approach.

Our Key BTL criteria at a glance:

One of the applicants must have a minimum basic earned income of £30,000, excluding rental. This rises to £75,000 for applicants with 4 or more BTLs. Importantly, these are the minimum amounts and the application is subject to an overall affordability assessment.

Rental income must be 125% at the mortgage pay-rate

We assess affordability based on the applicant's residential and personal expenditure position and the size of the BTL mortgage. As a guide, this means that neither the applicant's residential mortgage nor their BTL mortgage should be more than 4.5x their income, dependent on individual affordability

We can lend up to £1,000,000 across 3 BTLs

We can lend to first time buyers and for the purpose of letting to buy

We currently have rates as low as 2.59% and fee offer options as low as 2.79%.

Interested to find out more? Call us today to find out how much your client could borrow or visit our website for full details on our BTL products and criteria

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