
Landbay

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Property Value
£75,000 Standard £120,000 HMOs & Multi Units £75,000 for HMO in qualifying areas - BB, BD, CA, CW, DH, DL, FY (Excluding FY1-FY4), HD, HX, L, LA, M, NE, OL, PR, SK, TS, WA, WF, WN, YO if none of these, then £120,000
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Advance (min)
£30,000
Large Loan range: -
Min. loan size £1,500,000 million -
Income
Combined total income from all applicants of £25,000 for UK based applicants. £15,000 (Combined) for experienced landlords with more than 24mnths rental experience For First Time Buyer First Time Landlords...
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Maximum Age
95 at the end of the mortgage term for Ltd Co’s where one other director is under 85 at end of mortgage term
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Type/Commercial
Residential BTL properties in a condition to be let. No commercial properties. First Time Buyer First Time Landlord accepted with minimum employed income of £85,000. Property value must exceed £75,000 Must be suitable for letting at completion Must be in an area with strong rental demand as determined by our...
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Historic CCJ's & Defaults
No defaults OR CCJ's registered in the last 24 months. If over 24 months then considered on a case by case basis