The Buy to Let is currently awash with options so it would be easy to miss out on this gem.
Where this product is different is there is no extortionate lender fee attached to produce a good rental calculation.
As well as no lender arrangement fee the product also includes a free basic mortgage valuation and £250 cashback.
Qualification rules:
- Professional Landlords i.e. have 4 or more mortgaged buy-to-lets.
- First time landlords buying under a limited company with UK directors.
- Remortgages.
- Property to be let to a single family.
- Minimum earned income £25,000pa.
- Loan sizes:
75%LTV to £750k.
70%LTV to £1m.
65%LTV to £2m. - Minimum loan £30k.
- Maximum mortgaged portfolio size £5m.
- Properties must have a minimum Energy Performance Certificate Rating of E, unless there is an applicable exemption.
- You or immediate family CANNOT have lived in the property i.e. Consumer Buy-to-let.
- England, Wales and Scotland.
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Most buy-to-let mortgages are not regulated by the Financial Conduct Authority. A small number of buy-to-let mortgages are FCA-regulated — typically Consumer Buy-to-Let (where the borrower is not acting in the course of a business, such as an accidental landlord who has inherited or moved out of a former main residence) and Family Buy-to-Let (where the property is let to an immediate family member). Limited-company buy-to-let, portfolio buy-to-let and standard personal-name buy-to-let are not regulated by the FCA.
Where the underlying mortgage is not FCA-regulated, the lender's conduct on that loan is not covered by FCA rules and you may have reduced access to the Financial Ombudsman Service for complaints about the lending decision or product terms. However, Niche Advice Limited is a Credit Broker authorised and regulated by the Financial Conduct Authority (FCA No: 750263), and our broking activity — including the introduction we make to the lender — IS FCA-regulated under the FCA's CONC rules. Complaints about our broking service can therefore be referred to the Financial Ombudsman Service in the usual way.

