Applicant Criteria
We lend to both Individuals and Limited companies /LLP’s.
Up to 4 individual applicants or Limited Company Directors and/or Shareholders or LLP Members.
- Up to 4 Limited Company Guarantors. Guarantors must include all Directors and Shareholders with ≥20% controlling shares.
- Guarantors must together hold a minimum of 75% or more of the controlling share capital.
- Up to 4 LLP Guarantors which must include all designated members and those members with management rights as detailed in the LLP agreement.
Related words: Ltd Co, SPV, maximum applicants
CHL 1
0 in last 36 months
CHL 2
Unsecured Arrears:
- Max. status 2 in 12 months
- Max. status 3 in 36 months
Secured Arrears:
- Max. status 2 in 24 months
- Any status over 24 months considered at underwriter discretion
Related words: Missed payments, adverse
Satisfactorily completed or discharged over 6 years.
Related words: Adverse, debt
CHL 1
0 in last 36 months
CHL 2
Unsatisfied: Maximum£250 in last 36 months
Satisfied: Maximum £500 in last 36 months
Related words: County court judgement, missed payments, adverse, outstanding debt
Status 0 in last 36 months.
Related words: Missed payments, adverse, arrears, payment plan, credit
CHL 1
0 in last 36 months
CHL 2
- 0 in 12 months
- Max. 2 in 24 months
- Communications / utilities defaults can be ignored
Related words: Adverse, debt, missed payments, arrears
Deposits from Inter-company / Director / Shareholder / Partner loans accepted.
Related words: Down payment, Limited Company, Ltd Co, Limited Liability Partnership, LLP
Available to both Individual and Limited Companies / LLP applicants.
CHL 1: Small HMO only
CHL 2: Small & Large HMO available
Related words: Ltd Co, SPV, House in multiple occupation
Satisfactorily completed or discharged over 6 years.
Related words: Individual voluntary agreement, adverse, debt
At least one applicant must own a residential or BTL property in the UK.
Portfolio landlords must have a minimum of 12 months landlord experience.
For HMO/MUFB properties (Small and Large) at least one applicant must prove they have owned a minimum of 1 BTL property for 2 years.
LLPs are accepted.
Related words: Limited Liability Partnership, Limited Company, Ltd Co, SPV
85 at the end of the term.
Related words: Repayment, applicant age
No limit on number of properties/mortgages in BTL portfolio.
Related words: Unlimited properties, background properties
21 for primary applicant. (18 for secondary applicants).
Related words: age limit, how old
£20,000 per application
Related words: Salary, wage, combined
Available to both Individual and Limited Companies / LLP applicants.
CHL 1: Small MUFB only
CHL 2: Small & Large MUFB (including Complex HMO & Hybrid MUFB)
Related words: Ltd Co, SPV, House in multiple occupation
New company incorporations are accepted.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, new companies, start up
A personal guarantee must be provided by Limited Company Directors and/or Shareholders with 20% shareholding, and all designated members and members with management rights of an LLP.
Related words: Ltd Co, Limited Liability Partnership, LLP
Minimum landlord experience of 12 months.
Not accepted.
Related words:Repossessed, adverse, debt
UK resident for at least the last 3 years with permanent right to reside.
Related words: Foreign national, expat, citizenship
CHL 1 acceptable SIC codes:
168100 | 68209 | 68320 | 68201
CHL 2 acceptable SIC codes:
All SIC codes considered.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, Standard Industrial Classification
Property related SPV accepted.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, new companies, start up, special purpose vehicle
Trading companies are considered for CHL 2 products only, please refer to us.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, existing company, SPV
Credit History & Adverse
CHL 1
0 in last 36 months
CHL 2
Unsecured Arrears:
- Max. status 2 in 12 months
- Max. status 3 in 36 months
Secured Arrears:
- Max. status 2 in 24 months
- Any status over 24 months considered at underwriter discretion
Related words: Missed payments, adverse
Satisfactorily completed or discharged over 6 years.
Related words: Adverse, debt
CHL 1
0 in last 36 months
CHL 2
Unsatisfied: Maximum£250 in last 36 months
Satisfied: Maximum £500 in last 36 months
Related words: County court judgement, missed payments, adverse, outstanding debt
Status 0 in last 36 months.
Related words: Missed payments, adverse, arrears, payment plan, credit
CHL 1
0 in last 36 months
CHL 2
- 0 in 12 months
- Max. 2 in 24 months
- Communications / utilities defaults can be ignored
Related words: Adverse, debt, missed payments, arrears
Satisfactorily completed or discharged over 6 years.
Related words: Individual voluntary agreement, adverse, debt
Not accepted.
Related words:Repossessed, adverse, debt
Limited Companies & LLPs
Deposits from Inter-company / Director / Shareholder / Partner loans accepted.
Related words: Down payment, Limited Company, Ltd Co, Limited Liability Partnership, LLP
Available to both Individual and Limited Companies / LLP applicants.
CHL 1: Small HMO only
CHL 2: Small & Large HMO available
Related words: Ltd Co, SPV, House in multiple occupation
LLPs are accepted.
Related words: Limited Liability Partnership, Limited Company, Ltd Co, SPV
New company incorporations are accepted.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, new companies, start up
A personal guarantee must be provided by Limited Company Directors and/or Shareholders with 20% shareholding, and all designated members and members with management rights of an LLP.
Related words: Ltd Co, Limited Liability Partnership, LLP
CHL 1 acceptable SIC codes:
168100 | 68209 | 68320 | 68201
CHL 2 acceptable SIC codes:
All SIC codes considered.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, Standard Industrial Classification
Property related SPV accepted.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, new companies, start up, special purpose vehicle
Trading companies are considered for CHL 2 products only, please refer to us.
Related words: Limited Company, Ltd Co, Limited Liability Partnership, existing company, SPV
Property Criteria
Available to both Individual and Limited Companies / LLP applicants.
CHL 1: Small MUFB only
CHL 2: Small & Large MUFB (including Complex HMO & Hybrid MUFB)
Related words: Ltd Co, SPV, House in multiple occupation