The Family Building Society cater for landlords of all sizes, from one property to a portfolio.
The criteria can be surprisingly flexible, and with a manual underwriting approach they consider each application on a case-by-case basis and make a common-sense decision for your client.
The criteria can be surprisingly flexible, and with a manual underwriting approach they consider each application on a case-by-case basis and make a common-sense decision for your client.
The product range and criteria is also evolving to help landlords in a challenging environment.
The majority of the BTL products are now available up to 75% LTV, and they launched an HMO offering, currently available through 1APP.
How can they help via 1APP?
- No minimum income
- No stress test on background properties held (only self-financing properties required)
- Max LTV for BTL products now 75%, excluding HMOs and MUFBs which remain at 70%
- They accept applications up to the age of 89
- Expat cases accepted from over 40 countries, plus more through 1APP
- HMO products for up to 4 bedrooms now available through 1APP
They have a common-sense approach to lending and use real human beings to underwrite each mortgage case.
To discuss a case call 0330 127 0000
or email newbusiness@allmoneymatters.co.uk
Refer your case to us call 0330 127 0001
or email info@allmoneymatters.co.uk