Complex buy to let?

Solution Found.

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 2.49%

 

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 2.49%

Portfolio landlords

No limit to portfolio size, subject to maximum borrowing of £3m with us

No business plans or asset and liability statements needed

Bespoke stress test for the background portfolio

Portfolio proposition >


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

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

Ready to submit a case?