A very professional lender who has always been concerned about quality rather than quantity.
What they will still do:
- Lending up to 75% LTV
- Lending to portfolio and professional landlords
- Limited Company mortgages
- Single self-contained properties up to 4 tenants with a remote valuation
- Lending on HMOs and Multi-Unit-Blocks. These will still require a physical valuation, so we will accept the case and underwrite, but book in the survey when possible.
- Lending within 6 months of purchase
- Lower rental calculation for 5 year fixed rates
- Large Loans up to £2m per property
What they are temporarily halting:
- Student Lets
- Holiday Lets
- Short Term Finance
- Loans greater than 75% LTV