Flexible Buy-to-Let Secured Loans for Landlords and Limited Companies

Whether your client is a seasoned landlord or exploring their first investment, our flexible criteria allow us to accept various property types, with options tailored to suit both personal and limited company applications.

Does your client need a buy-to-let secured loan? Whether your client is a seasoned landlord or exploring their first investment, our flexible criteria allow us to accept various property types. Our secured loan options offer flexible lending criteria and access to funding against a wide range of property types and support both personal and limited company clients. This is ideal for those looking for a BTL mortgage alternatives or solutions outside of high street lending criteria.

Key features of our secured loan offering include:

• Buy-to-let secured loan rates from just 6.99%
• Up to 100% LTV (loans capped at £30,000 at 100% LTV) e.g. using a buy-to-let secured loan to fund a new bathroom refurbishment.
• Equitable charges available for declined consent cases e.g. a landlord seeking a second charge loan to upgrade an HMO property.
• No restriction on BTL properties in the background – can benefit portfolio landlords who need additional secured loans for property investment.
• No maximum age where the case self-funds on rental income e.g. an older landlord secure a buy-to-let loan based solely on rental income
• Interest-only buy-to-let lending options e.g. using an interest-only buy-to-let secured loan to reduce monthly payments.
• Rental coverage 125% (not dependent on customer banding) e.g. newer landlords or those with non-standard income profiles who may not qualify under tiered affordability models.
• Personal or Ltd company lending available
• HMOs, holiday lets, semi-commercial accepted e.g. funding can be arranged for a holiday let in Cornwall or a 5-bed HMO in Manchester.
• Lenders who will consider customers with historic mortgage arrears and CCJs e.g. a landlord with a 2-year-old CCJ now seeking a BTL loan for refinancing.
• ERC-free products e.g. a landlord planning to refinance after renovations or sell within a few years without penalty.
• Use of projected income if untenanted e.g. a buy-to-let secured loan is needed before tenants are in place.

These criteria are particularly attractive to landlords who may not meet the traditional requirements of high street lenders. Whether it’s releasing equity for home improvements, expanding a portfolio, or refinancing an existing property, our specialist lenders can help brokers place cases that might otherwise be difficult to place.

Real life case study: Solving a Complex BTL Loan for a 74-Year-Old Landlord.

A buy-to-let secured loan for an older landlord (74-year-old) came to us needing to repay a bridging loan that was fast approaching the end of its term. The client owned two buy-to-let properties, including a multi-unit block with multiple Assured Shorthold Tenancies. However, based on this multi-unit BTL property alone, they couldn’t meet affordability meaning many lenders would have declined the case. Instead, we took a more flexible approach.

Key points:

• The client owned two buy-to-let properties
• One property was a multi-unit block with several Assured Shorthold Tenancies
• Rental income from the second property was used to top up the application and cover the shortfall
• A 5-year fixed-rate product was secured through Mercantile, using interest-only buy-to-let lending, which helped lower monthly repayments and improve affordability.
• No early repayment charges, offering flexibility to refinance or repay early
• Additional capital was released for home improvements

By looking at the full picture, we secured a solution that cleared the bridging loan and gave the client extra funds for improvements, all without the restrictions of early repayment penalties. This case was a great example of how our specialist lending options, backed by over 50 years of experience, can help brokers place complex cases that high street lenders may struggle to accommodate.