Limited Company Buy To Let

Our Limited Company Buy to Let products are available for landlords operating via a limited company to purchase or re-mortgage a property.

Product Criteria for Limited Company Buy to Let mortgages

• 2 Year fixed rates: Rental cover 125% of either pay rate +2% or 5.5% whichever is higher
• 5 year fixed rates: Rental Cover 125% of pay rate
• Rental Cover on debt for debt re-mortgage cases 125% of pay rate. Fees can be added to the loan for debt for debt remortgages
• Property must be let on an AST
• Rental assessment is based on occupation by 1 family on an unfurnished let
• Regulated or Consumer buy to let not accepted
• HMO not accepted
• Minimum income requirement £25,000. At least one applicant must meet the minimum income requirement.
• First time buyers, first time landlords allowed.
• For portfolio landlords the maximum LTV INCLUDING fees is 75%
• Minimum energy performance rating of E on an Energy Performance Certificate (EPC) 
• Limited Companies registered in the UK only
• No time limit as to how long registered i.e. new SPV’s allowed
• Company must be set up with the principal activity of buying and holding residential investment property and used for that purpose only in line with the appropriate SIC Code 
• Latest set of accounts to be provided (where the company has been set up for more than 18 months)
• All Shareholders in the Company must be named as Directors 
• Personal Guarantees for total borrowing (plus accrued interest & costs) taken from all Directors
• Maximum of 4 Directors – individual credit checks will be undertaken
• Details of all properties each Director has an ownership in (either in own name or a business name) must be provided. 
• Maximum loan size £3,000,000. Loans over this are priced on a bespoke basis and have restricted LTVs 

PLEASE READ OUR GUIDANCE NOTES AVAILABLE WITHIN OUR IMPORTANT DOCUMENTS SECTION ON OUR WEBSITE.