intermediary only

Buy-to-Let

Finance for buy-to-let properties located in England, Wales and Scotland. Suitable for investment properties only.

Buy-to-Let
CalculatorApply online
Finance up to
£3 million
2-year rates from
2.89%
5-year rates from
3.19%
Max LTV
80%
Terms length
7-30 years

Overview

Quickly match your customers' needs
Key features
Highlights

Rates from 2.89%

5 year rates from 3.19%

LTV up to 80%

Large loans from £750K up to £2 million for standard properties and small HMOs

Loans up to £3 million for large HMOs and MUFBs

Cashback toward legal fees of £500 applied to 5-year fixed mortgages for all standard properties, up to £750k at 65%, 70% and 75% LTV.

See our Buy-to-Let Guide for full details of our lending criteria. And our Buy-to-Let Rates Guide for full details of all of our products.

Tier 1

Defaults: 0 in last 60 months

CCJs: 0 in last 60 months

Missed mortgage/secured payments: 0 in last 36 months

Unsecured arrears: No more than 2 in last 36 months

Bankruptcy: No history of bankruptcy or IVA

Tier 2

Defaults: 0 in last 12 months, 2 in last 24 months

CCJs: 0 in last 12 months, 1 in last 24 months (max £5,000 and must be satisfied)

Missed mortgage/secured payments: 0 in last 12 months, 1 in last 36 months

Unsecured arrears: Not counted

Bankruptcy: No history of bankruptcy or IVA

Interest rates
Standard properties
Tier 1. Available for purchase or remortgage. £150 non-refundable valuation fee is payable for standard properties, up to 750K loan.
LTV
65%
70%
75%
80%
Initial rate
-
2.89%
2.99%
3.89%
Product fee
-
1.00%
1.00%
1.00%
ICR rate
-
5.00%
5.00%
5.00%
Reversion rate
-
LIBOR + 4.59%
LIBOR + 4.59%
LIBOR + 4.59%
ECR Year 1/2
-
4%/2%
4%/2%
4%/2%
Maximum loan amount
-
£750,000
£750,000
£500,000
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
Tier 2. Available for purchase or remortgage. Maximum loan amount of £750K. £150 non-refundable valuation fee is payable.
LTV
65%
70%
75%
80%
Initial rate
-
-
3.99%
4.69%
Product fee
-
-
1.00%
1.00%
ICR rate
-
-
5.00%
5.00%
Reversion rate
-
-
LIBOR + 4.69%
LIBOR + 4.69%
ECR Year 1/2
-
-
4%/2%
4%/2%
Maximum loan amount
-
-
£750,000
£500,000
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
New! Large Loans. Available for purchase or remortgage. Maximum Loan amount of £2 million. See our Fee guide for more details on valuations.
LTV
65%
70%
75%
80%
Initial rate
-
3.15%
-
-
Product fee
-
1.50%
-
-
ICR rate
-
5.00%
-
-
Reversion rate
-
LIBOR + 4.69%
-
-
ECR Year 1/2
-
4%/2%
-
-
Maximum loan amount
-
£2,000,000
-
-
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
Small HMO
(up to 8 rooms)
Up to 8 rooms. Available for purchase or remortgage. See our Fee guide for more details.
LTV
65%
70%
75%
80%
Initial rate
-
-
2.99%
-
Product fee
-
-
1.00%
-
ICR rate
-
-
5.00%
-
Reversion rate
-
-
LIBOR + 4.59%
-
ECR Year 1/2
-
-
4%/2%
-
Maximum loan amount
-
-
£750,000
-
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
New! Large Loans. Available for purchase or remortgage. Maximum Loan amount of £2 million. HMOs with 6 rooms or more the valuation is based upon the investment or comparable value depending on the valuer's recommendation
See our Fee guide for more details on valuations.
LTV
65%
70%
75%
80%
Initial rate
-
3.15%
-
-
Product fee
-
1.50%
-
-
ICR rate
-
5.00%
-
-
Reversion rate
-
LIBOR + 4.69%
-
-
ECR Year 1/2
-
4%/2%
-
-
Maximum loan amount
-
£2,000,000
-
-
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
Large HMO
(9 to 15 rooms)
From 9 to 15 rooms. Available for purchase or remortgage. Maximum loan amount of £3M. The valuation is based upon the investment or comparable value depending on the valuer's recommendation. See our Fee guide for further details.
LTV
70%
70%
75%
80%
Initial rate
3.39%
3.59%
3.79%
-
Product fee
1.50%
1.50%
1.50%
-
ICR rate
5.00%
5.00%
5.00%
-
Reversion rate
LIBOR + 4.69%
LIBOR + 4.69%
LIBOR + 4.69%
-
ECR Year 1/2
4%/2%
4%/2%
4%/2%
-
Maximum loan amount
£1,000,000
£3,000,000
£750,000
-
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
MUFB
(up to 10 units)
Up to 10 units. Available for purchase or remortgage. Maximum loan amount of £3M. The valuation is based upon the investment or comparable value depending on the valuer's recommendation. See our Fee guide for further details.
LTV
65%
70%
75%
80%
Initial rate
-
3.59%
-
-
Product fee
-
1.50%
-
-
ICR rate
-
5.00%
-
-
Reversion rate
-
LIBOR + 4.69%
-
-
ECR Year 1/2
-
4%/2%
-
-
Maximum loan amount
-
£3,000,000
-
-
1 LIBOR: 3 months LIBOR variable rate. Currently 0.79% and resets quarterly
Key requirements
Individual criteria
Applicant
Single properties
HMO and MUFB
Basic-rate taxpayer (20%)
125%
130%
Higher-rate taxpayer (40%)
140%
145%
Additional-rate taxpayer (45%)
140%
145%
Valuation and legal fees
Requirements
We take our legal and valuation requirements very seriously. Our loan evaluation process is designed to make this as efficient and reliable as possible.
Independent security valuation
We will carry out an independent valuation of the borrower’s security in order to confirm how much we can lend against the property.
A non-refundable valuation fee of £150 is applicable for standard properties (up to £750K loan size)
For HMOs up to 6 beds, the valuation is based upon the vacant possession comparable value only and not the investment yield. For HMOs of 7+ rooms and all MUFBs, the valuation is based upon the investment or comparable value depending on the valuer's recommendation. Retypes are not accepted.
See our Fee guide for further details.
Legal conveyance
Evidence shows that dual representation reduces the time to completion by an average of 15 days when compared with separate representation. Dual representation is not available for properties in Scotland and where applications has been made that include:
  • Cases where security titles are being split or a change in the security title is required.
  • Incorporation cases involving a transfer by the borrower from individual to corporate ownership.
How to contact us
By phone, email or arrange a meeting
How to get in touch

Call us on 020 3846 6838 or email us at [email protected].

Arrange a meeting with one of our field-based team between 9am - 5.30pm, Monday to Friday.

Why us?
We’re the UK’s leading online property finance marketplace
Swift and simple
We look to lend quickly and efficiently. We don't do maybes. When we say yes, we mean yes.
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Smart online tools
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