Our specialist mortgages can help Buy-to-Let investors progress with their residential plans, whether they include the purchasing of a single flat, or 30-unit MUFBs.
Complex Buy-to-Let Mortgages
We designed our complex Buy-to-Let mortgages specifically for property investors with complicated backgrounds, or who are making substantial investments, including overseas buyers or unlimited HMOs.
Limited Company Buy-to-Let Mortgages
Applying for a buy-to-let specialist mortgage through a limited company doesn’t have to be difficult. Our Ltd company mortgages are flexible and can adjust to however complex your circumstances are.
SPV Buy-to-Let Mortgages
Easy to apply for SPV buy-to-let mortgage. See rates, requirements and application process to get your SPV mortgage in no time.
Buy-to-Let Mortgages for First-Time Buyers
Mortgages for first-time buyers can be difficult to obtain. Our flexible approach allows us to consider first-time buyers with any background. Speak to our specialist mortgage team about your circumstances.
Capital Raising Mortgages
Flexible remortgage or capital raising mortgage for buy-to-let investors. This adaptable product can adjust to your circumstances, however complex they might be.
Expat Buy-to-Let Mortgages
Our expat buy-to-let mortgage is specifically designed for property investors who are based overseas, but still want to purchase property in the UK.
Bad Credit Buy-to-Let Mortgages
Our specialist mortgages are for those who may have a less-than-perfect financial background, which may be the result of previous missed payments or CCJs.
Instant quote with our Buy-to-Let calculator
Our specialist mortgages calculator will allow you to estimate how much you can borrow, factor in interest and other costs, and determine if we’re the right specialist mortgage lender for you. All that’s needed from you is a few basic details on the property, your financial background, and the type of loan you need to get immediate results.
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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Specialist Mortgages – All You Need to Know
- What is a specialist mortgage?
- Uses of specialist mortgages
- How do they work
- Types of specialist mortgages
- Advantages of specialist mortgages
- How much can I borrow?
- Who is eligible?
- Length of terms
- How can I apply?
- What is the mortgage process?
- How quickly can I get funds?
- Why use MFS?
1. What is a specialist mortgage?
We designed, tested and approved our specialist buy-to-let mortgages specifically for landlords. We brought our bridging experience to the BTL industry and created a mortgage product that prioritises speed and flexibility. Our specialist mortgages offer bespoke finance that can be tailored to a range of circumstances and backgrounds. Regardless of whether you’re a first-time landlord looking to enter a new market, or a seasoned portfolio owner investing in a multi-unit freehold property, we’ll do our best to match you to an appropriate product.
2. Uses of specialist mortgages
Our specialist mortgages can be used by property investors for a range of buy-to-let strategies and end-goals. They can be used for property based in mainland England and Wales, which includes residential homes, new builds, no room limit HMOs and more. As a buy-to-let mortgage specialist, we can provide funding for multiple properties on one loan, which can be spread across flats, houses, short-term lets, and mixed-use spaces.
3. How do they work
Our specialist mortgages typically follow a 5-step process. You’ll be assigned an underwriter from day one who will assess your background and investment, move your deal through the process, and deliver funding. Your exit strategy will be assessed as part of your application. Typically, this will involve moving onto long-term financial solutions, or selling the property (or properties) on. Additionally, our specialist mortgages provide borrowers with several repayment and affordability options, including rolled up interest, deferred interest, and top slicing.
4. Types of specialist mortgages
We have both tracker and fixed rate specialist mortgages available, providing you with optionality. Also, all our mortgages are split into 4 tiers. Tier 1 mortgages are our “standard” BTL loans for the most straightforward cases. Tier 2 loans are designed for simple transactions involving mid-term BTL solutions. And Tier 3 loans are for those with more complex backgrounds or substantial investment plans. Examples include large structures, expats, foreign nationals, or overseas companies. Our final tier is for property investors with particularly complicated situations, which may combine several factors. All our mortgage deals are reviewed on a case-by-case basis, and we do our best to lend even in the most difficult of circumstances.
5. Advantages of specialist mortgages
Specialist mortgages can provide property investors with a tailored, speedy solution where high street lenders may have turned them away. Our specialist mortgages do not follow a rigid tick-box lending criteria. Each case is assessed on its individual merit and we’re able to work with those who may have certain blips in their credit history. We’re happy to hear from those who may have CCJs, bankruptcies, or IVAs on their record. Our flexibility allows us to adapt to the wider market in a flash. Whereas high street banks have been known to pull their BTL products where the economy has struggled, we’ve continued to lend in the face of recessions, base rate hikes, and a cost-of-living crisis.
6. How much can I borrow?
Across our tracker and fixed BTL mortgages, you’ll be able to borrow between £150k and £10m. For single property investments, you’ll be able to borrow up to £3m, with portfolio purchases stretching to £10m. We also have a loan-to-value limit of 75%.
7. Who is eligible?
Our specialist mortgages are available to investors aged between 21 – 75+. We can provide funding for individual borrowers via a range of setups, including being self-employed and first-time landlords. We can also accommodate a number of corporate arrangements, such as: LLPs, SPVs, Trusts, and limited companies. All our products are also available to borrowers from anywhere in the world, other than sanctioned countries.
8. Length of terms
Our mortgages have a term length of 3 years.
9. How can I apply?
You can start your application by reaching out to us or speaking to a mortgage broker about MFS. Enquiries can be made through our website, via our live chat, over the phone, and via email. Regardless of how you contact us though, we vow to respond within 4 hours.
10. What is the mortgage process?
Following an initial enquiry, one of our underwriters will be in touch to gather a few basic details on your circumstances. This will allow us to provide an indicative tier, rate, and loan size. Next, we’ll move through the underwriting process – issuing credit-approved terms, and a decision in principle which will be verified by our internal credit team. As we continue through the process, we’ll work with the valuers and solicitors involved to complete what we require from them. Once everything is ready to go, the loan can be drawn down and put to use.
11. How quickly can I get funds?
As a buy-to-let mortgage specialist, we pride ourselves on how quickly we can move. Where everything is accounted for and there are few, if any complications, funding can be delivered in as little as a week from enquiry. Where complexity does arise, we might need to extend turnaround times. However, we aim to stay within the expected time frame. Generally though, we work to issue our loans as quickly as possible.
12. Why use MFS?
We have been in business since 2006 and ever since then, we have developed expertise in providing property investors with tailored specialist finance. In over 16 years of operating, we’ve continued to issue funding in the face of economic meltdowns, political difficulties, and a global lockdown. Due to our flexibility, we can lend more than our competitors. We are one of only a few BTL lender that offers rolled or deferred interest options. Moreover, we provide a personal service to landlords, so you will never struggle against a chatbot or automated service. We are always looking for reasons to say yes to every investor we deal with. Regardless of whether they’re a domestic buyer investing in a single flat, or an overseas entity with poor credit looking to move into the student housing market.
13. Alternatives to mortgages
If you’re still unsure of whether we’re the right buy-to-let mortgage specialist for you, feel free to reach out to us. We’re more than happy to answer any queries you have. And if our mortgages are not what you’re after, we have a range of bridging products available that can help landlords with their plans. Examples include our Permitted & Light Development Bridging Loans, and Auction Bridging Finance.