Buy-to-Let Mortgage for Bad Credit


tracker & fixed

Term Length:

3 years

Loan amount:

£150k – £10m


up to 75%

Bad Credit Buy-To-Let Mortgages

Our Buy-to-Let (BTL) mortgage supports expanding landlords from all backgrounds, including those with a poor credit history. Many property investors will likely struggle to attain a buy-to-let mortgage with bad credit on the high street. But with our commitment to flexibility, we’re able to serve investors with a range of potential financial issues to their name.

Having a poor credit history will not automatically prevent you from accessing our BTL mortgages, and we’re happy to hear from those who may have CCJs, IVAs, bankruptcies and more on their records.

residential buy to let bridging loans

How are our buy-to-let mortgages available to those with bad credit?

  • Across our products, we assess applicants with the real financial world in mind. We understand how the wider economy can take a toll on your finances or business, and we feel this shouldn’t derail your property investment plans
  • Our mortgage underwriting process focuses on a case in its entirety. Meaning, affordability isn’t just assessed on rental income, but also overall A&L, accessible wealth, and any surplus income available to cover ongoing costs
  • Our buy-to-let mortgage for bad credit can take advantage of many unique tools to boost your ICR. This includes top slicing, and rolled up or deferred interest payment plans
  • The mortgages are split into four tiers, with tiers 1 & 2 accepting of historic or very minor blips, through to tiers 3 and 4 specifically designed for those with more complicated backgrounds, and more adverse credit histories. This ranges between missed credit card payments, through to large defaults etc.
  • We can work with first-time landlords through to experienced professionals. As such, we’re used to seeing “teething issues” in an investor’s initial steps into the market, along with the more complex issues that may afflict seasoned landlords
  • With diversified funding lines behind us, and a proven track record of delivering loans quickly and efficiently, we have confidence to provide investors with large loans for a range of assets. Our bad credit buy-to-let mortgages can stretch to £10m at up to 75% LTV for investments in holiday lets, unlimited HMOs, and 30-unit MUFBs among others
  • Our buy-to-let mortgages for bad credit clients have the same term length for our “regular” mortgages – 3 years. They can also present you with the possibility to leave earlier, providing you with optionality despite any poor credit history
  • Our bad credit buy-to-let mortgages are available for overseas investors – including individuals or companies. We’re aware of all the red tape that foreign nationals may have faced in trying to access the UK market. We can adapt to overcome these issues where needed.

Calculate your Buy-to-Let mortgage

Find out which MFS mortgage product fits your circumstances. Use our free calculator to estimate your max. loan amount and how much you would need to pay back. It’s easy to operate, quick and you can adjust your numbers any time. Play around and adjust your figures to different circumstances. Our tool will update the product suitable for you. Do feel free to then get in touch to discuss your circumstances in detail.

5 simple steps away from your Buy-to-Let mortgage for bad credit

short-term buy-to-let mortgage

Step 1: Loan Enquiry & Indicative Terms

To get your buy-to-let mortgage application going, with or without bad credit, you’ll need to send an initial inquiry through. This can be done over the phone, online, or via email. One of our underwriters will be in touch to gather some initial details from you and provide an indicative tier you’ll likely fall into. They’ll also go through the loan size, and applicable rate. We vow to respond to all enquiries within 4 hours.

interest only buy-to-let mortgage

Step 2: Underwrite & Issue DIP

If you’re happy to progress, we’ll require a bit of paperwork from you covering your background and the investment. We’ll then issue “credit approved terms” in the form of a Decision in Principle (DIP). This will be verified by our Credit Committee who will consider your bad credit for the buy-to-let mortgage. DIPs are usually issued in less than 24 hours.

interest only buy-to-let mortgage

Step 3: Valuation

Once the DIP has been signed, and the valuation and admin fees are paid, we will get the property (or properties) valued. This will be handled by our underwriters, who will work with the valuers involved and verify the security details. This is all usually instructed within 24 hours of fees being cleared.

short-term mortgage for buy-to-let

Step 4: Legal Documentation

These buy-to-let mortgages for those with bad credit will then be reviewed by the legal teams. The solicitors will comb through the details, issue contracts, and move the case towards the final stages. We have an internal panel dedicated to assessing every bad credit buy-to-let mortgage claim, and you’ll be kept in the loop throughout the process. We only use firms we know and trust, and we move quickly to wrap things up.

interest only buy-to-let mortgage

Step 5: Loan Drawn Down

As we dot the I’s and cross the T’s, and you agree to all the details, we can deliver funding that’ll be put towards your BTL investment. Funding can be issued in as little as a week from enquiry, even where a poor credit history is involved.

Contact Us Buy To Let

Contact Us

Speak to one of our underwiters or BDMs on the phone, via chat or email about your case, however complex it might be. We will try our best to say yes to you, instead of finding a reason to say no.

Chat to our Buy-To-Let Team:

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Buy-To-Let Mortgages for Bad Credit

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Market Financial Solutions MFS Associations NACFB
Market Financial Solutions MFS Associations FIBA
Market Financial Solutions MFS Associations ASTL