Complex buy-to-let mortgages are medium to long term products designed to support both new and experienced landlords. They can be used by property investors making their first moves into the buy-to-let market, or by those who are expanding an existing portfolio.
Our mortgages bring our bridging speed and flexibility to the buy-to-let market. By embracing these aspects of our process, we can provide access to funding for landlords who may be facing difficult or unusual circumstances.
Our flexible buy-to-let mortgages are assessed similarly to how our bridging products are. After contacting us, you’ll be assigned an underwriter who will review your background to determine your eligibility. Regardless of your circumstances, you’ll be able to apply for an interest-only buy-to-let mortgage if you have a 25% deposit as a minimum.
We follow a simple 5-step process. Once we’ve received a few initial details, we’ll issue indicative terms, followed by the issuing of a decision in principle, once certain documentation is attained. A valuation will then be conducted, while solicitors get the legal ball rolling. Finally, once everything is agreed and aligned, you can drawdown the loan.
Our complex buy-to-let mortgages can cover multiple types of investments. This includes individual properties, multi-unit freehold blocks, houses in multiple occupation (HMOs) and more.
We’re happy to work with expats, foreign nationals, trusts, offshore companies, and those with impaired credit.
Here at MFS, our flexible buy-to-let mortgages are available from £150k to £10m, with a maximum gross LTV of 75%.
Visit our website for more information and to contact one of the team.