Lending criteria.

We accept Buy to Let applications from ‘First Time Buyers’ for both Expat and UK based applicants. For Standard BTL applications, rent would need to cover the loan amount using our ICR assessments. We will also conduct an affordability check as a precautionary measure that the client must also pass alongside the ICR assessment. For Expat BTL applications, rent would need to cover the loan amount using our ICR assessment and underwriter approval will be required. An affordability assessment outside of this would not apply.

Maximum 75% LTV for New Build Flats.

80% LTV for standard flats.

Maximum 10 storeys. Lift required if over 5 storeys.

Ex-local authority flats not accepted.

Minimum lease 85 years upon application.

Flats above Commercial are accepted (subject to suitable commercial nearby) – please contact the Business Development Team to discuss.

Accepted on standard criteria.

We can potentially lend to EU Nationals with a ‘settled status’ under the EU Settlement Scheme.

Maximum 80% LTV.

We can potentially lend to EU, EEA (Including Iceland, Norway and Liechtenstein) and Swiss citizens if clients can evidence that they have successfully applied for pre-settled status.

Must have been in the UK for 12 months.

Must have valid UK work permit/visa, with 12months remaining.

Must work in one of the following sectors Education, Healthcare, Finance & Banking, IT, Legal, Marketing Professionals, Science Research & Development, Energy Sector and Construction Industry Professionals (Not Trades) e.g. Architects.