ICR of 145% x pay rate for 5 year fixed rates
Up to 80% LTV
Maximum age: 85
Maximum loan: £1.5m
Rates from 2.54%
Our buy to let range is perfect for your slightly more complex cases. These include Limited Companies, Portfolio Landlords and those financing more specialist property such as HMOs, Multi Unit Blocks and Short Term Lets.
Our product range has two elements:
F1: This is for existing and new landlord clients with a predominantly clean credit history financing more straightforward property types.
F2: This for existing landlords who are financing specialist property types and/or who may have had slight blips on their credit rating
For individuals
ICR of 145% x pay rate for 5 year fixed rates
Up to 80% LTV
Maximum age: 85
Maximum loan: £1.5m
Rates from 2.54%
Limited companies
ICR of 125% x pay rate for 5 year fixed rates
Up to 80% LTV
No maximum age
Newly incorporated limited companies acceptable
Maximum loan: £1.5m
Rates from 2.54%
Portfolio landlords
No limit to portfolio size, subject to maximum borrowing of £3m with us
No business plans or asset and liability statements needed
Simple form to fill in and processing times are the same as non-portfolio cases
HMOs and Multi Unit Blocks
Standard HMOs / MUBs - up to 6 occupants
Large HMOs – up to 8 bedrooms
Large MUBs – up to 10 units
Rates from 2.94%
Short term lets
No AST required
Available to individuals, limited companies, portfolio and non-portfolio landlords
Rates from 3.09%
Applicable to all products
Minimum loan size is £50k
Maximum loan size is £1m (£1.5m on our large loans product)
No minimum income
Maximum total borrowing with Foundation Home Loans is £3m
