Interest-Only BTL Mortgage Rates

Flats above commercial: Above (or immediately adjacent) commercial premises up to max Tier LTV, except when a restaurant, takeaway, pub, or launderette; max LTV 60% Tier 2, 65% Tier 3, and considered to 70% Bespoke Tier 4.
UK footprint: Have active credit, accounts, or property in the UK.
Pay rate: The rate shown utilises the highest available deferred interest option for the product.
*MFS Variable Rate (MVR): Last set on 01/10/2023

Hard ‘Gross loan’ limit. Product or broker fees and rolled up interest will reduce gross loan
Owner Occupier: where client will also occupy the commercial element as their own business. See criteria for further details.
UK Footprint: Have active credit, accounts, or property in the UK.
Valuation: Typically Bricks & Mortar, based on vacant possession. Investment value by referral, e.g., favourable lease. Review of next 12 months’ demand and saleability. For mixed-use containing flats or HMO we consider both commercial and residential rents.
*MFS Variable Rate (MVR): Last set on 01/10/2023