- Four applicants, four incomes.
- 1 year’s self employed with track record, up to 90% LTV.
- Large loans up to £2m (£1.5m on interest only).
- Manual underwriting: option to gain pre-DIP agreement.
- Multiple income sources accepted including pension pot, rental, investments. Up to 5.49 x income when an applicant earns £75k+ or can evidence 12m of rental payments
- Overpayments: 50% ERC free (on product term) on all products.
- Property: we’ll consider annexes (even with separate council tax) to 75% LTV. Flats up to 10 storeys, and above commercial. New build flats up to 90% LTV.
- We credit check, not credit score. Credit blips considered.
- Foreign nationals to 90% LTV: Minimum 1 year working in UK prior to application, with at least 1 year left on qualifying visa.
Why you should use us.
We can help your clients throughout England and Wales, whether you’re placing a case for a first time buyer or an older borrower, a self builder or an expat, we’re here and we’ve done it before.
Our expert underwriters consider every application individually, so where others see numbers, we see people and we know life doesn’t come neatly packaged.
How we can help.
General lending.
Self build & renovation.
- For new projects, conversions, renovations and knock down & rebuilds. Includes properties where the build has started.
- Arrears-based lending.
- Expats
- Max 80% LTV for both purchase and remortgage, plus we will lend against the land value.
- Flexible stage releases and interest only available during the build.
- Specific products to support eco and highly energy efficient builds.
- Penalty free switches after completion to one of our standard products.
- Come to us direct… you don’t need to use a packager!
- Multiplot accepted (up to a maximum of 10 plots on site).
Joint Borrower Sole Proprietor.
- Available on residential, BTL and expat lending.
- Multi-generational lending – older family members helping younger, and younger helping older.
- Up to 90% LTV on UK and expat resi (age limits apply – see criteria).
- Non-proprietor can gift the deposit, if not living in the property, or the non-proprietor can live in the property, if not gifting.
Later Life.
- Access to all standard products, up to a 40-year term and no maximum age.
- Interest only available up to 70% LTV. Downsizing accepted as a repayment vehicle.
- Part & part available up to 80% LTV.
- Maximum 80% LTV lending into retirement.
- We’ll monetise investment portfolios, and SIPPs (even if not currently being drawn).
Expat.
- Residential up to 90% LTV. Increased affordability when zero tax/NI paid (certain countries).
- BTL, self build and holiday let up to 80% LTV.
- Most countries of residence considered.
- Multiple currencies accepted on one application.
- Self employed accepted on BTL and holiday let. (please refer for resi).
- Can lend to a British national and foreign national (as long as the British national meets criteria and affordability).
- Deposits built up in the country of residence and gifted deposits accepted.
- 16 currencies accepted on residential and regulated BTL cases; most currencies accepted on BTL and holiday let.
- Minimum income: £40k resi and £25k BTL/holiday let.
Holiday let.
- We offer up to 60 days of personal use.
- Expats.
- First time landlords considered.
- Must be owner-occupier (please refer if not).
- Loans available up to 80% LTV.
- We assess the loan amount using the average weekly rental from high, mid and low season.
- Airbnb and similar.
Buy to let.
- Top slicing.
- Up to 80% LTV.
- Can consider non-owner occupiers.
- First time BTL buyer and first time landlord.
- Must be in applicant’s personal name.
- We lend on regulated BTLs where family members are residing.
- We won’t lend where there are more than 3 rental properties held, even when unencumbered.
- Consumer BTL.
- Light refurbishment product available.
New build.
- Up to 95% LTV on houses, 90% LTV on flats.
- Max 10 storeys and can consider above good quality commercial.
- JBSP.
- Enhanced multiplier of 5.49x income with 12m rental history.
- Later Life lending – no maximum age at end of term.
- We accept up to 5% builder’s incentive (minimum applicant contribution of 5%).
- Non-simultaneous completion if remortgaging for deposit, and 50% ERC-free overpayment helps if selling previous resi.
- Mortgage offers valid up to 6m, 3m extension available.
- Completion and CHAPs fees can be added at 95% LTV subject to affordability.