For intermediaries only

Buy-to-Let rates guide

Mortgages made simple

Last Updated: 15/01/2024

Interest coverage ratios and assessment rates

Key features

*7-year products: 9-30 years

Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

non-refundable application fee of £199 is applied for all cases.

TIER 1

Standard properties-Hank zarihs

MAX LOAN SIZE

£1,000,000

MIN LOAN SIZE

£50,000

MAX LTV

75%

TERM LENGTH

7-30 years*

REGIONS

England, Wales and Scotland

BASIC RATE TAXPAYER (20%)

125%

LIMITED COMPANY OR LLP

125%

HIGHER RATE TAXPAYER (40%)

140%

ADDITIONAL RATE TAXPAYER (45%)

140%

2-year ERC free tracker

No

No

8.49%

8.59%

ICR RATE

BBR+ 2.49%

BBR+ 2.59%

INITIAL RATE

S12757221

75%

LTV

EPiC

Standard

PRODUCT TYPE

£1,000,000

MAX LOAN AMOUNT

ERC YEAR 1/2

BBR+3.84%

BBR+3.99%

REVERSION RATE

1.75%

PRODUCT FEE

S12757253

PRODUCT CODE

  1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
  2. Mortgages made simple

LTV

75%

PRODUCT TYPE

Standard

EPiC

PRODUCT CODE

S12757225

S12757180

INITIAL RATE

BBR+ 1.69%

BBR+ 1.59%

PRODUCT FEE

3.00%

ICR RATE

7.69%

7.59%

REVERSION RATE

BBR+3.99%

BBR+3.84%

ERC YEAR1/2

2%/2%

MAX LOAN AMOUNT

£1,000,000

LTV

55%

65%

75%

PRODUCT TYPE

Standard

Standard

Standard

PRODUCT CODE

S12558282

S12658283

S12758284

INITIAL RATE

6.04%

6.19%

6.34%

PRODUCT FEE

2.00%

2.00%

2.00%

ICR RATE

7.04%

7.19%

7.34%

REVERSION RATE

BBR + 4.99%

BBR + 4.99%

BBR + 4.99%

ERC YEAR1/2

2%/2%

2%/2%

2%/2%

MAX LOAN AMOUNT

£1,000,000

2-year tracker

2-year fixed

  1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
  2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  3. Mortgages made simple

    LTV

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    Standard

    PRODUCT CODE

    S12758285

    S12758286

    S12758287

    S12758288

    INITIAL RATE

    5.79%

    5.24%

    4.69%

    3.79%

    PRODUCT FEE

    3.00%

    4.00%

    5.00%

    7.00%

    ICR RATE

    7.79%

    7.24%

    6.69%

    5.79%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    S15558289

    S15658290

    S15758291

    INITIAL RATE

    5.59%

    5.64%

    5.69%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.59%

    5.64%

    5.69%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,000,000

    2-year fixed

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  4. Mortgages made simple

    LTV

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    S15758292

    S15758293

    S15758294

    INITIAL RATE

    5.49%

    5.29%

    5.09%

    PRODUCT FEE

    3.00%

    4.00%

    5.00%

    ICR RATE

    5.49%

    5.29%

    5.09%

    REVERSION RATE

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    S17558296

    S17658297

    S17758298

    INITIAL RATE

    5.49%

    5.54%

    5.59%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.49%

    5.54%

    5.59%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5/6/7

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    MAX LOAN AMOUNT

    £1,000,000

    5-year fixed

    7-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  5. Mortgages made simple

    TIER 2

    2-year fixed

    Standard properties

    LTV

    55%

    75%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    S22558322

    S22758323

    INITIAL RATE

    6.34%

    6.64%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    7.34%

    7.64%

    REVERSION RATE

    BBR+ 5.49%

    BBR+ 5.49%

    ERC YEAR1/2

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    75%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    S25558324

    S25758325

    INITIAL RATE

    5.89%

    5.99%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    5.89%

    5.99%

    REVERSION RATE

    BBR + 5.49%

    BBR + 5.49%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,000,000

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  6. Mortgages made simple

    TIER 1

    Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

    Key features

    *7-year products: 9-30 years

    Interest coverage ratios and assessment rates

    Small HMO (up to 6 rooms)

    MAX LOAN SIZE

    £1,000,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    75%

    TERM LENGTH

    7-30 years*

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    130%

    LIMITED COMPANY OR LLP

    130%

    HIGHER RATE TAXPAYER (40%)

    145%

    ADDITIONAL RATE TAXPAYER (45%)

    145%

    LTV

    75%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    SH12757219

    SH12757169

    INITIAL RATE

    BBR+ 2.69%

    BBR+ 2.59%

    PRODUCT FEE

    1.75%

    ICR RATE

    8.69%

    8.59%

    REVERSION RATE

    BBR+3.99%

    BBR+3.84%

    ERC YEAR 1/2

    No

    No

    MAX LOAN AMOUNT

    £1,000,000

    2-year ERC free tracker

    1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

  7. Mortgages made simple

    LTV

    75%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    SH12757199

    SH12757238

    INITIAL RATE

    BBR+ 1.79%

    BBR+ 1.69

    PRODUCT FEE

    3.00%

    ICR RATE

    7.79%

    7.69%

    REVERSION RATE

    BBR+3.99%

    BBR+3.84%

    ERC YEAR1/2

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SH12558299

    SH12658300

    SH12758301

    INITIAL RATE

    6.09%

    6.24%

    6.39%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    7.09%

    7.24%

    7.39%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2

    2%/2%

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    2-year tracker

    2-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  8. Mortgages made simple

    LTV

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    Standard

    PRODUCT CODE

    SH12758302

    SH12758303

    SH12758304

    SH12758305

    INITIAL RATE

    5.84%

    5.29%

    4.74%

    3.84%

    PRODUCT FEE

    3.00%

    4.00%

    5.00%

    7.00%

    ICR RATE

    7.84%

    7.29%

    6.74%

    5.84%

    REVERSION RATE

    BBR + 4.99%

    ERC YEAR1/2

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SH15558306

    SH15658307

    SH15758308

    INITIAL RATE

    5.64%

    5.69%

    5.74%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.64%

    5.69%

    5.74%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,000,000

    2-year fixed

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  9. Mortgages made simple

    LTV

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SH15758309

    SH15758310

    SH15758311

    INITIAL RATE

    5.54%

    5.34%

    5.14%

    PRODUCT FEE

    3.00%

    4.00%

    5.00%

    ICR RATE

    5.54%

    5.34%

    5.14%

    REVERSION RATE

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    75%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SH17558313

    SH17658314

    SH17758315

    INITIAL RATE

    5.54%

    5.59%

    5.64%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.54%

    5.59%

    5.64%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5/6/7

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    MAX LOAN AMOUNT

    £1,000,000

    5-year fixed

    7-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  10. Mortgages made simple

    2-year fixed

    TIER 2

    Small HMO (up to 6 rooms)

    LTV

    55%

    75%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    SH22558326

    SH22758327

    INITIAL RATE

    6.39%

    6.69%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    7.39%

    7.69%

    REVERSION RATE

    BBR + 5.49%

    BBR+ 5.49%

    ERC YEAR1/2

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    75%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    SH25558328

    SH25758329

    INITIAL RATE

    5.94%

    6.04%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    5.94%

    6.04%

    REVERSION RATE

    BBR + 5.49%

    BBR + 5.49%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,000,000

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  11. Mortgages made simple

    Key features

    *7-year products: 9-30 years

    TIER 1

    Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

    Interest coverage ratios and assessment rates

    Large HMO (7 to 15 rooms)

    MAX LOAN SIZE

    £1,500,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    70%

    TERM LENGTH

    7-30 years*

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    130%

    LIMITED COMPANY OR LLP

    130%

    HIGHER RATE TAXPAYER (40%)

    145%

    ADDITIONAL RATE TAXPAYER (45%)

    145%

    LTV

    70%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    LH12707193

    LH12707201

    INITIAL RATE

    BBR+ 2.29%

    BBR+ 2.19

    PRODUCT FEE

    3.00%

    ICR RATE

    8.29%

    8.19%

    REVERSION RATE

    BBR+3.99%

    BBR+3.84%

    ERC YEAR 1/2

    No

    No

    MAX LOAN AMOUNT

    £1,000,000

    2-year ERC free tracker

    1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

  12. Mortgages made simple

    LTV

    70%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    LH12707236

    LH12707245

    INITIAL RATE

    BBR+ 3.19%

    BBR+ 3.09%

    PRODUCT FEE

    1.75%

    ICR RATE

    9.19%

    9.09%

    REVERSION RATE

    BBR+3.99%

    BBR+3.84%

    ERC YEAR 1/2

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    LH15558316

    LH15658317

    LH15708318

    INITIAL RATE

    5.89%

    5.94%

    5.99%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.89%

    5.94%

    5.99%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    2-year tracker

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  13. Mortgages made simple

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    LH17558319

    LH17658320

    LH17708321

    INITIAL RATE

    5.79%

    5.84%

    5.89%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.79%

    5.84%

    5.89%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5/6/7

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    MAX LOAN AMOUNT

    £1,500,000

    7-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  14. Mortgages made simple

    TIER 2

    Key features

    Interest coverage ratios and assessment rates

    Large HMO (7 to 15 rooms)

    MAX LOAN SIZE

    £1,500,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    70%

    TERM LENGTH

    7-30 years

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    130%

    LIMITED COMPANY OR LLP

    130%

    HIGHER RATE TAXPAYER (40%)

    145%

    ADDITIONAL RATE TAXPAYER (45%)

    145%

    LTV

    55%

    70%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    LH25558330

    LH25708331

    INITIAL RATE

    6.19%

    6.29%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    6.19%

    6.29%

    REVERSION RATE

    BBR + 5.49%

    BBR + 5.49%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  15. Mortgages made simple

    Key features

    *7-year products: 9-30 years

    TIER 1

    Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

    Interest coverage ratios and assessment rates

    Small MUFB (up to 6 units)

    MAX LOAN SIZE

    £1,500,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    70%

    TERM LENGTH

    7-30 years*

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    130%

    LIMITED COMPANY OR LLP

    130%

    HIGHER RATE TAXPAYER (40%)

    145%

    ADDITIONAL RATE TAXPAYER (45%)

    145%

    LTV

    70%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    M12707170

    M12707167

    INITIAL RATE

    BBR+ 1.79%

    BBR+ 1.69

    PRODUCT FEE

    3.00%

    ICR RATE

    7.79%

    7.69%

    REVERSION RATE

    BBR+3.99%

    BBR+ 3.84%

    ERC YEAR1/2

    No

    No

    MAX LOAN AMOUNT

    £1,000,000

    2-year ERC free tracker

    1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

  16. Mortgages made simple

    LTV

    70%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    M12707231

    M12707243

    INITIAL RATE

    BBR+ 2.69%

    BBR+ 2.59

    PRODUCT FEE

    1.75%

    ICR RATE

    8.69%

    8.59%

    REVERSION RATE

    BBR+ 3.99%

    BBR+ 3.84%

    ERC YEAR 1/2

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,000,000

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SM12558366

    SM12658367

    SM12708368

    INITIAL RATE

    6.09%

    6.24%

    6.39%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    7.09%

    7.24%

    7.39%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2

    2%/2%

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,500,000

    2-year tracker

    2-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  17. Mortgages made simple

    LTV

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    Standard

    PRODUCT CODE

    SM12708369

    SM12708370

    SM12708371

    SM12708372

    INITIAL RATE

    5.84%

    5.29%

    4.74%

    3.84%

    PRODUCT FEE

    3.00%

    4.00%

    5.00%

    7.00%

    ICR RATE

    7.84%

    7.29%

    6.74%

    5.84%

    REVERSION RATE

    BBR + 4.99%

    ERC YEAR1/2

    2%/2%

    MAX LOAN AMOUNT

    £1,500,000

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SM15558373

    SM15658374

    SM15708375

    INITIAL RATE

    5.69%

    5.74%

    5.79%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.69%

    5.74%

    5.79%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    2-year fixed

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  18. Mortgages made simple

    LTV

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SM15708376

    SM15708377

    SM15708378

    INITIAL RATE

    5.59%

    5.39%

    5.19%

    PRODUCT FEE

    3.00%

    4.00%

    5.00%

    ICR RATE

    5.59%

    5.39%

    5.19%

    REVERSION RATE

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    SM17558380

    SM17658381

    SM17708382

    INITIAL RATE

    5.59%

    5.64%

    5.69%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.59%

    5.64%

    5.69%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5/6/7

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    MAX LOAN AMOUNT

    £1,500,000

    5-year fixed

    7-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  19. Mortgages made simple

    TIER 2

    2-year fixed

    Small MUFB (up to 6 units)

    LTV

    55%

    70%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    SM22558403

    SM22708404

    INITIAL RATE

    6.39%

    6.69%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    7.39%

    7.69%

    REVERSION RATE

    BBR + 5.49%

    BBR + 5.49%

    ERC YEAR1/2

    2%/2%

    2%/2%

    MAX LOAN AMOUNT

    £1,500,000

    LTV

    55%

    70%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    SM25558405

    SM25708406

    INITIAL RATE

    5.99%

    6.09%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    5.99%

    6.09%

    REVERSION RATE

    BBR + 5.49%

    BBR + 5.49%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  20. Mortgages made simple

    Key features

    *7-year products: 9-30 years

    TIER 1

    Interest coverage ratios and assessment rates

    Large MUFB (7-10 units)

    MAX LOAN SIZE

    £1,500,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    70%

    TERM LENGTH

    7-30 years*

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    130%

    LIMITED COMPANY OR LLP

    130%

    HIGHER RATE TAXPAYER (40%)

    145%

    ADDITIONAL RATE TAXPAYER (45%)

    145%

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    LM15558389

    LM15658390

    LM15708391

    INITIAL RATE

    5.99%

    6.04%

    6.09%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.99%

    6.04%

    6.09%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  21. Mortgages made simple

    LTV

    55%

    65%

    70%

    PRODUCT TYPE

    Standard

    Standard

    Standard

    PRODUCT CODE

    LM17558392

    LM17658393

    LM17708394

    INITIAL RATE

    5.89%

    5.94%

    5.99%

    PRODUCT FEE

    2.00%

    2.00%

    2.00%

    ICR RATE

    5.89%

    5.94%

    5.99%

    REVERSION RATE

    BBR + 4.99%

    BBR + 4.99%

    BBR + 4.99%

    ERC YEAR1/2/3/4/5/6/7

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    5%/5%/4%/4%/3%/2%/1%

    MAX LOAN AMOUNT

    £1,500,000

    7-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  22. Mortgages made simple

    TIER 2

    Key features

    Interest coverage ratios and assessment rates

    Large MUFB (7-10 units)

    MAX LOAN SIZE

    £1,500,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    70%

    TERM LENGTH

    7-30 years

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    130%

    LIMITED COMPANY OR LLP

    130%

    HIGHER RATE TAXPAYER (40%)

    145%

    ADDITIONAL RATE TAXPAYER (45%)

    145%

    LTV

    55%

    70%

    PRODUCT TYPE

    Standard

    Standard

    PRODUCT CODE

    LM25558409

    LM25708410

    INITIAL RATE

    6.29%

    6.39%

    PRODUCT FEE

    2.00%

    2.00%

    ICR RATE

    6.29%

    6.39%

    REVERSION RATE

    BBR + 5.49%

    BBR + 5.49%

    ERC YEAR1/2/3/4/5

    5%/5%/3%/3%/3%

    5%/5%/3%/3%/3%

    MAX LOAN AMOUNT

    £1,500,000

    5-year fixed

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  23. Mortgages made simple

    Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

    TIER 1

    Key features

    Interest coverage ratios and assessment rates

    Holiday Lets

    MAX LOAN SIZE

    £750,000

    MIN LOAN SIZE

    £50,000

    MAX LTV

    70%

    TERM LENGTH

    7-30 years

    REGIONS

    England, Wales and Scotland

    BASIC RATE TAXPAYER (20%)

    125%

    LIMITED COMPANY OR LLP

    125%

    HIGHER RATE TAXPAYER (40%)

    140%

    ADDITIONAL RATE TAXPAYER (45%)

    140%

    LTV

    70%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    HL12707166

    HL12707229

    INITIAL RATE

    BBR+ 3.19%

    BBR+ 3.09%

    PRODUCT FEE

    1.75%

    ICR RATE

    9.19%

    9.09%

    REVERSION RATE

    BBR+3.99%

    BBR+3.84%

    ERC YEAR 1/2

    No

    No

    MAX LOAN AMOUNT

    £750,000

    2-year ERC free tracker

    1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

  24. Mortgages made simple

    LTV

    70%

    PRODUCT TYPE

    Standard

    EPiC

    PRODUCT CODE

    HL12707241

    HL12707183

    INITIAL RATE

    BBR+ 2.29%

    BBR+ 2.19

    PRODUCT FEE

    3.00%

    ICR RATE

    8.29%

    8.19%

    REVERSION RATE

    BBR+3.99%

    BBR+3.84%

    ERC YEAR1/2

    2%/2%

    MAX LOAN AMOUNT

    £750,000

    2-year tracker

    1. The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
    2. You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.
  25. Mortgages made simple

    Buy-to-Let fees

    PRODUCT FEES

    LEGAL FEES

    DUAL LEGAL REPRESENTATION

    Product fees can be added to the loan and are included in our affordability calculations.

    In all cases the borrower will be liable to pay all legal costs in respect of the completion of the mortgage. On instruction, our solicitors will request that payment is made by the borrower in advance and held on account.

    Evidence demonstrates that dual representation reduces the time to completion by an average of 15 days when compared with separate representation.

    Our solicitor may be selected to act for both the borrower and us in most situations.

    Dual representation is not available where applications have been made that include:

    • Cases where security titles are being split or a change in the security title is required

    • Incorporation cases involving a transfer by the borrower from individual to corporate ownership.

      Dual representation is available for properties located in Scotland.

      SEPARATE LEGAL REPRESENTATION

      If the borrower wishes to use their own solicitor they may do so provided that the firm of solicitors acting for them is:

    • Registered with the Law Society and has a minimum of 3 Solicitors Regulation Authority (SRA) approved managers (none of whom must be struck off)

    • A solicitor with 2 SRA approved managers accredited with the Law Society’s Conveyancing Quality Scheme (CQS) is also acceptable.

    We will select our own solicitor to act for us.

  26. Mortgages made simple

    Buy-to-Let fees (cont.)

    TITLE INSURANCE

    We seek to apply title insurance, at no cost to the borrower, for standard property and HMO remortgage cases up to

    £750k, excluding:

    • MUFBs

    • Transfer of equity

    • Where security titles are being split or a change in the security title is required

    • Properties with more than one kitchen

    • Cases where at the underwriter discretion title insurance cannot be applied.

      EXPIRED OFFER FEE

      LIBOR REPLACEMENT

      An expired offer fee of £250 is payable when we are required to extend or re-offer a Mortgage Offer.

      As of 8 March 2021, we have replaced LIBOR as the reference rate for the reversion interest rate for our active Buy-to-Let products. To learn more about this decision and its replacement – the Bank of England Base Rate (BBR), please visit the FAQs page on

      our website.

  27. Mortgages made simple

    Legal Fees

    The tables below set out the fee scales for our preferred partners. These fees are a representation only, actual fees may be higher, particularly for more complex cases that involve additional legal work and exclusive of VAT and Disbursements.

    REMORTGAGE/PURCHASE (NO TITLE INSURANCE)

    Net loan size

    Separate legal rep. fee

    Dual legal rep. fee

    UP TO £250,000

    £750

    £850

    £250,001 TO £500,000

    £850

    £950

    £500,001 TO £750,000

    £900

    £1,150

    £750,001 TO £1,000,000

    £1,150

    £1,300

    £1,000,001+

    Please request quotation

    Please request quotation

    REMORTGAGE/PURCHASE (WITH TITLE INSURANCE)

    Net loan size

    Separate legal rep. fee

    Dual legal rep. fee

    UP TO £250,000

    £550

    £700

    £250,001 TO £500,000

    £700

    £850

    £500,001 TO £750,000

    £800

    £950

    £750,001 TO £1,000,000

    £900

    £1,100

    £1,000,001+

    Please request quotation

    Please request quotation

    CONTACTING US

    If you have any questions or queries relating to our legal panel or process please contact 020 3846 6874 or btlcompletion@lendinvest.com.

  28. Mortgages made simple

    Valuation & Application Fees – Standard Residential/Small HMO (6 bedrooms or less)

    The valuation fee will be requested on submission of the signed application of which £199

    is a non-refundable initial assessment fee. Once the initial assessment is successfully undertaken we will instruct a valuer.

    Valuation (up to)

    Application fee (non-refundable)

    Residential valuation

    Small HMO (6 bedrooms or fewer)

    £100,000

    £199

    £0

    £251

    £150,000

    £199

    £0

    £251

    £200,000

    £199

    £0

    £266

    £250,000

    £199

    £0

    £336

    £300,000

    £199

    £0

    £336

    £350,000

    £199

    £0

    £396

    £400,000

    £199

    £0

    £396

    £450,000

    £199

    £0

    £456

    £500,000

    £199

    £0

    £456

    £600,000

    £199

    £0

    £521

    £700,000

    £199

    £0

    £581

    £800,000

    £199

    £0

    £691

    £900,000

    £199

    £0

    £766

    £1,000,000

    £199

    £0

    £836

    £1,200,000

    £199

    £711

    £996

    £1,250,000

    £199

    £711

    £1,156

    £1,500,000

    £199

    £821

    £1,316

    £1,750,000

    £199

    £936

    £1,476

    £2,000,000

    £199

    £1,161

    £1,636

  29. Mortgages made simple

Mortgages made simple.