BUY TO LET SOLUTIONS
Let us work with you to find the right mortgage for your landlord clients and those looking to buy a property to let. We specialise in providing bespoke mortgages for your clients, including those with more complex circumstances.
To get in touch about these products, please call your Specialist Business Development Manager or talk to the team on 01858 412345.
Key features
Lending into retirement and annexes accepted under tier one pricing
Top-slicing on all cases with no minimum ICR
Regulated BTL solutions available with options for complex properties and non-owner occupiers
Direct access to your dedicated underwriter
Standard product fee of 0.65%
Lending between £200k and £3m
Scenarios
Properties in need of refurbishment prior to letting
Property let out to a family member
Complex income such as foreign currency
Non-owner occupiers considered
Properties with multi-units or multi-lets
Complex properties including large acreage and listed buildings
For properties let on a short-term basis, visit our holiday let page for products and criteria information. We also offer buy to let solutions for your expat clients.
Products
Our products and the rates we can offer are tailored to your clients’ circumstances, we treat each case individually. If you’d like more information, or to chat through a case please call your Specialist Business Development Manager.
Which product is right for my client?
Our tier one products are suitable for buy to let clients who meet the following criteria:
- Top-slicing
- Lending into retirement or past age 85
- Annexes (not let separately)
- Cosmetic property improvements
- Loans up to £2m
Our tier two products cater for a variety of scenarios including those in tier one plus the following:
- Regulated BTL
- Non owner-occupiers
- Complex/foreign income
- Complex property (acreage, listed etc.)
- Joint borrower sole proprietor
- Refurbishment (property improvements excluding cosmetic changes only or significant
refurbishment**) - Loans up to £3m
Our tier three products cater for a range of scenarios, including those in tier one and two. They are suitable for a variety of complex circumstances such as:
- Multi-unit/multi-let properties
- HMOs (max four rooms)
- Significant refurbishment**
- Foreign nationals
- Part commercial use
**Significant refurbishment is any of the following: change to number of units/dwellings, properties
not habitable on completion or liveable during works, post-completion change of property
classification or post-completion merging/splitting of titles. Such cases must be for residential
purposes within our residential product ranges and may have a reduced max LTV. Each case is
reviewed by our Credit Committee for approval. Please speak to your nearest BDM about the details of your case.
Here to help
We’re here to help if you have any questions and are happy to chat through individual cases. Contact your Specialist Business Development Manager or email brokers@mhbs.co.uk.
Don’t take our word for it
We’re delighted that almost all brokers who review us on feefo give us a five-star rating, the highest possible score.
Here are some the things they say about us:
