Specialist property?

Buy to Let by Foundation

Specialist Property Buy to Let Mortgages

Foundation is the home of buy to let mortgages for specialist properties such as HMOs (up to 6 occupants), and Short term lets, as well as flats, new builds, Holiday lets and many other property types, with Green mortgage options, all acceptable as individuals or via SPV/limited company. We calculate rental cover on specialist properties the same as our core range, and consider landlords with or without a main residence and just one other buy to let property in the background. Let us help you open doors for even more of your landlord clients. For larger HMOs visit Solutions by Foundation

Key criteria

Specialist property types

  • HMOs up to 6 bedrooms
  • Student lets on HMOs
  • Short term lets - no AST required
  • Holiday lets
  • New build houses are acceptable
  • New build flats are acceptable up to 65% LTV
  • Right to buy accepted if the security is not subject to pre-emption
  • Balcony access and ex-local authority considered
  • Early remortgage available

Who for?

  • Purchases and remortgages
  • Individual landlords with at least one existing BTL
  • Portfolio landlords
  • Limited companies
  • Clients with no main residential property but have a background BTL
  • First Time Landlords accepted for standard HMOs

How much?

  • Maximum loan on HMOs £2m to 65% LTV where product allows
  • Short term let (STL) maximum loan size £2M to 65% LTV.
  • ICRs @125% for limited companies and basic rate tax payers and @145% for higher rate tax payers
  • STL valued as a standard BTL
  • STL rental coverage calculated as a standard BTL

Broker testimonials

Efficient and flexible

"Efficient service. Flexible criteria with a competitive rates. Will use again"

Common sense lending

“Common sense lending, not tick box, would definitely use again and thoroughly recommend.”


“Excellent support & service from the team at Foundation! So refreshing to work in partnership with a lender who values brokers as well as clients!”

Very good and reliable

“This was the first case I placed with Foundation and found them to be very good and reliable! The service from David Wheatley the office BDM was particularly good.”




Featured specialist property products

Latest from the Broker Hub