3mcc are pleased to announce a series of enhancements to Fleet Mortgages buy-to-let lending criteria, designed to support a wider range of landlord borrowers and limited company structures.
What’s new?
Foreign Nationals & the right to enter, reside/remain and work in the UK
For joint applications, if at least one applicant (primary applicant) is a British passport holder, or holds indefinite leave to remain, or has settled status, Fleet may also consider additional applicants who are foreign nationals without indefinite leave to remain, provided that:
- They currently live in the UK;
- They have resided in the UK for at least the past three years; and
- They must hold a valid visa (subject to lending criteria) with at least 12 months validity.
Lending to a Limited Company
They’ve expanded their limited company lending criteria and will now accept company group structures registered anywhere within the UK, including Scotland and Northern Ireland. Previously, companies were required to be registered in England and Wales.
Please note: The security property must still be located in England or Wales.
All subject to their standard lending criteria.
At 3mc, we have a team of expert advisers who can discuss all your mortgage requirements. If you would like to discuss your options, give the 3mc team a call on 0161 962 7800.
All calls are recorded for training and monitoring purposes. 3mc for intermediaries only.
*Your home may be repossessed if you do not keep up repayments on your mortgage. 3mc (UK) Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register https://register.fca.org.uk/s/ under reference 302992. Please note: The FCA do not regulate Business Buy to Let Mortgages.
📱 0161 962 7800
📧 info@3-mc.com
🌐 www.3-mc.com
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