Assessment is valid for 6 months making additional applications easier
No limit to portfolio size, subject to maximum borrowing of £3m with us
No business plans needed
All our products are available to portfolio landlords, with flexible criteria
No asset liability statements needed
Custom tests for the background portfolio
Simple forms and process times are the same as any non-portfolio cases
HMOs and MUBs
Our definition of a portfolio landlord is someone with four or more mortgaged properties.
We believe the simplest solution is to just look at the existing portfolio’s leverage, loan to value (LTV) and coverage.
All we require is a spreadsheet, showing details of the portfolio. We use this, along with automated valuation models (AVMs) and other background checks, to focus more on the concentration of the portfolio, undertake bespoke stress tests and ensure that the aggregate portfolio is 75% or less.