Product Code NTLQSPUJA25
Eligibility
Eligible Borrowers |
UK Resident Individuals
UK Limited Companies and SPVs |
Applicant Experience |
Owns at least 2 BTL property at the time of application
Has at least 2 year BTL market experience (1 year market experience for single units) |
Eligible Properties |
Multi-Unit properties (incl. HMOs) of 7 to 12 units in a property, non-standard single units such as flats adjacent to or above commercial units, deck access flats, studio flats and many more. |
New Purchases Rates
Rate |
Product Fee |
Up to 65% LTV |
Up to 75% LTV |
Reversion Rate |
Early Repayment Charge |
Fixed 2-Year |
2.50% |
7.24% |
7.34% |
BBR + 5.50% |
2%-1% |
Fixed 5-Year |
2.50% |
6.54% |
6.74% |
BBR + 5.50% |
5%-4%-3%-2%-1% |
Fixed 7-Year |
2.50% |
6.74% |
6.74% |
BBR + 5.50% |
7%-7%-7%-4%-3%-2%-1% |
Tracker Lifetime |
2.80% |
BBR + 4.25% |
BBR + 4.30% |
Not applicable |
Not applicable |
Subject to min. £2990 per asset
Financing thresholds (excl. Product Fee)
Product Type |
Max Loan Amount |
Exceptions |
New 75% LTV |
£500,000 |
£1.5 Million within southern area postcodes £500,000 for properties in Northern Ireland |
*Qualifying Southern area postcodes
Starting with AL, BA, BH, BN, BR, BS, CB, CM, CO, CR, CT, DA, DT, E, EC, EN, GL, GU, HA, HP, IG, IP, KT, LU, ME, MK, N, NN, NW, OX, PO, RG, RH, RM, SE, SG, SL, SM, SN, SO,
SP, SS, SW, TN, TW, UB, W, WD, WC.
LTV = Loan To Value