For intermediaries only

Buy-to-Let rates guide

Mortgages made simple

Last Updated: 15/01/2024

Interest coverage ratios and assessment rates

Key features

*7-year products: 9-30 years

Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

A non-refundable application fee of £199 is applied for all cases.

TIER 1

Standard properties-Hank zarihs

MAX LOAN SIZE	£1,000,000
MIN LOAN SIZE	£50,000
MAX LTV	75%
TERM LENGTH	7-30 years*
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	125%
LIMITED COMPANY OR LLP	125%
HIGHER RATE TAXPAYER (40%)	140%
ADDITIONAL RATE TAXPAYER (45%)	140%

2-year ERC free tracker

8.49%

8.59%

ICR RATE

BBR1 + 2.49%

BBR1 + 2.59%

INITIAL RATE

S12757221

75%

LTV

EPiC

Standard

PRODUCT TYPE

£1,000,000

MAX LOAN AMOUNT

ERC YEAR 1/2

BBR1 +3.84%

BBR1 +3.99%

REVERSION RATE

1.75%

PRODUCT FEE

S12757253

PRODUCT CODE

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
| Mortgages made simple

LTV	75%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	S12757225	S12757180
INITIAL RATE	BBR1 + 1.69%	BBR1 + 1.59%
PRODUCT FEE	3.00%
ICR RATE	7.69%	7.59%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR2 1/2	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	S12558282	S12658283	S12758284
INITIAL RATE	6.04%	6.19%	6.34%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	7.04%	7.19%	7.34%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2	2%/2%	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,000,000

2-year tracker

2-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	75%
PRODUCT TYPE	Standard	Standard	Standard	Standard
PRODUCT CODE	S12758285	S12758286	S12758287	S12758288
INITIAL RATE	5.79%	5.24%	4.69%	3.79%
PRODUCT FEE	3.00%	4.00%	5.00%	7.00%
ICR RATE	7.79%	7.24%	6.69%	5.79%
REVERSION RATE	BBR + 4.99%		BBR + 4.99%
ERC YEAR2 1/2	2%/2%		2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	S15558289	S15658290	S15758291
INITIAL RATE	5.59%	5.64%	5.69%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.59%	5.64%	5.69%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,000,000

2-year fixed

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	S15758292	S15758293	S15758294
INITIAL RATE	5.49%	5.29%	5.09%
PRODUCT FEE	3.00%	4.00%	5.00%
ICR RATE	5.49%	5.29%	5.09%
REVERSION RATE	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	S17558296	S17658297	S17758298
INITIAL RATE	5.49%	5.54%	5.59%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.49%	5.54%	5.59%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5/6/7	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%
MAX LOAN AMOUNT	£1,000,000

5-year fixed

7-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

TIER 2

2-year fixed

Standard properties

LTV	55%	75%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	S22558322	S22758323
INITIAL RATE	6.34%	6.64%
PRODUCT FEE	2.00%	2.00%
ICR RATE	7.34%	7.64%
REVERSION RATE	BBR1 + 5.49%	BBR1 + 5.49%
ERC YEAR2 1/2	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	75%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	S25558324	S25758325
INITIAL RATE	5.89%	5.99%
PRODUCT FEE	2.00%	2.00%
ICR RATE	5.89%	5.99%
REVERSION RATE	BBR + 5.49%	BBR + 5.49%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,000,000

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

TIER 1

Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

Key features

*7-year products: 9-30 years

Interest coverage ratios and assessment rates

Small HMO (up to 6 rooms)

MAX LOAN SIZE	£1,000,000
MIN LOAN SIZE	£50,000
MAX LTV	75%
TERM LENGTH	7-30 years*
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	130%
LIMITED COMPANY OR LLP	130%
HIGHER RATE TAXPAYER (40%)	145%
ADDITIONAL RATE TAXPAYER (45%)	145%

LTV	75%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	SH12757219	SH12757169
INITIAL RATE	BBR1 + 2.69%	BBR1 + 2.59%
PRODUCT FEE	1.75%
ICR RATE	8.69%	8.59%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR 1/2	No	No
MAX LOAN AMOUNT	£1,000,000

2-year ERC free tracker

1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

| Mortgages made simple

LTV	75%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	SH12757199	SH12757238
INITIAL RATE	BBR1 + 1.79%	BBR1 + 1.69
PRODUCT FEE	3.00%
ICR RATE	7.79%	7.69%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR2 1/2	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SH12558299	SH12658300	SH12758301
INITIAL RATE	6.09%	6.24%	6.39%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	7.09%	7.24%	7.39%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2	2%/2%	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,000,000

2-year tracker

2-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	75%
PRODUCT TYPE	Standard	Standard	Standard	Standard
PRODUCT CODE	SH12758302	SH12758303	SH12758304	SH12758305
INITIAL RATE	5.84%	5.29%	4.74%	3.84%
PRODUCT FEE	3.00%	4.00%	5.00%	7.00%
ICR RATE	7.84%	7.29%	6.74%	5.84%
REVERSION RATE	BBR + 4.99%
ERC YEAR2 1/2	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SH15558306	SH15658307	SH15758308
INITIAL RATE	5.64%	5.69%	5.74%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.64%	5.69%	5.74%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,000,000

2-year fixed

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SH15758309	SH15758310	SH15758311
INITIAL RATE	5.54%	5.34%	5.14%
PRODUCT FEE	3.00%	4.00%	5.00%
ICR RATE	5.54%	5.34%	5.14%
REVERSION RATE	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	75%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SH17558313	SH17658314	SH17758315
INITIAL RATE	5.54%	5.59%	5.64%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.54%	5.59%	5.64%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5/6/7	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%
MAX LOAN AMOUNT	£1,000,000

5-year fixed

7-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

2-year fixed

TIER 2

Small HMO (up to 6 rooms)

LTV	55%	75%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	SH22558326	SH22758327
INITIAL RATE	6.39%	6.69%
PRODUCT FEE	2.00%	2.00%
ICR RATE	7.39%	7.69%
REVERSION RATE	BBR + 5.49%	BBR1 + 5.49%
ERC YEAR2 1/2	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	75%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	SH25558328	SH25758329
INITIAL RATE	5.94%	6.04%
PRODUCT FEE	2.00%	2.00%
ICR RATE	5.94%	6.04%
REVERSION RATE	BBR + 5.49%	BBR + 5.49%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,000,000

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

Key features

*7-year products: 9-30 years

TIER 1

Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

Interest coverage ratios and assessment rates

Large HMO (7 to 15 rooms)

MAX LOAN SIZE	£1,500,000
MIN LOAN SIZE	£50,000
MAX LTV	70%
TERM LENGTH	7-30 years*
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	130%
LIMITED COMPANY OR LLP	130%
HIGHER RATE TAXPAYER (40%)	145%
ADDITIONAL RATE TAXPAYER (45%)	145%

LTV	70%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	LH12707193	LH12707201
INITIAL RATE	BBR1 + 2.29%	BBR1 + 2.19
PRODUCT FEE	3.00%
ICR RATE	8.29%	8.19%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR 1/2	No	No
MAX LOAN AMOUNT	£1,000,000

2-year ERC free tracker

1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

| Mortgages made simple

LTV	70%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	LH12707236	LH12707245
INITIAL RATE	BBR1 + 3.19%	BBR1 + 3.09%
PRODUCT FEE	1.75%
ICR RATE	9.19%	9.09%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR 1/2	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	LH15558316	LH15658317	LH15708318
INITIAL RATE	5.89%	5.94%	5.99%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.89%	5.94%	5.99%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

2-year tracker

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	LH17558319	LH17658320	LH17708321
INITIAL RATE	5.79%	5.84%	5.89%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.79%	5.84%	5.89%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5/6/7	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%
MAX LOAN AMOUNT	£1,500,000

7-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

TIER 2

Key features

Interest coverage ratios and assessment rates

Large HMO (7 to 15 rooms)

MAX LOAN SIZE	£1,500,000
MIN LOAN SIZE	£50,000
MAX LTV	70%
TERM LENGTH	7-30 years
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	130%
LIMITED COMPANY OR LLP	130%
HIGHER RATE TAXPAYER (40%)	145%
ADDITIONAL RATE TAXPAYER (45%)	145%

LTV	55%	70%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	LH25558330	LH25708331
INITIAL RATE	6.19%	6.29%
PRODUCT FEE	2.00%	2.00%
ICR RATE	6.19%	6.29%
REVERSION RATE	BBR + 5.49%	BBR + 5.49%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

Key features

*7-year products: 9-30 years

TIER 1

Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

Interest coverage ratios and assessment rates

Small MUFB (up to 6 units)

MAX LOAN SIZE	£1,500,000
MIN LOAN SIZE	£50,000
MAX LTV	70%
TERM LENGTH	7-30 years*
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	130%
LIMITED COMPANY OR LLP	130%
HIGHER RATE TAXPAYER (40%)	145%
ADDITIONAL RATE TAXPAYER (45%)	145%

LTV	70%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	M12707170	M12707167
INITIAL RATE	BBR1 + 1.79%	BBR1 + 1.69
PRODUCT FEE	3.00%
ICR RATE	7.79%	7.69%
REVERSION RATE	BBR1 +3.99%	BBR1 + 3.84%
ERC YEAR2 1/2	No	No
MAX LOAN AMOUNT	£1,000,000

2-year ERC free tracker

1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

| Mortgages made simple

LTV	70%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	M12707231	M12707243
INITIAL RATE	BBR1 + 2.69%	BBR1 + 2.59
PRODUCT FEE	1.75%
ICR RATE	8.69%	8.59%
REVERSION RATE	BBR1 + 3.99%	BBR1 + 3.84%
ERC YEAR 1/2	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,000,000

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SM12558366	SM12658367	SM12708368
INITIAL RATE	6.09%	6.24%	6.39%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	7.09%	7.24%	7.39%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2	2%/2%	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,500,000

2-year tracker

2-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	70%
PRODUCT TYPE	Standard	Standard	Standard	Standard
PRODUCT CODE	SM12708369	SM12708370	SM12708371	SM12708372
INITIAL RATE	5.84%	5.29%	4.74%	3.84%
PRODUCT FEE	3.00%	4.00%	5.00%	7.00%
ICR RATE	7.84%	7.29%	6.74%	5.84%
REVERSION RATE	BBR + 4.99%
ERC YEAR2 1/2	2%/2%
MAX LOAN AMOUNT	£1,500,000

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SM15558373	SM15658374	SM15708375
INITIAL RATE	5.69%	5.74%	5.79%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.69%	5.74%	5.79%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

2-year fixed

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SM15708376	SM15708377	SM15708378
INITIAL RATE	5.59%	5.39%	5.19%
PRODUCT FEE	3.00%	4.00%	5.00%
ICR RATE	5.59%	5.39%	5.19%
REVERSION RATE	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	SM17558380	SM17658381	SM17708382
INITIAL RATE	5.59%	5.64%	5.69%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.59%	5.64%	5.69%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5/6/7	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%
MAX LOAN AMOUNT	£1,500,000

5-year fixed

7-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

TIER 2

2-year fixed

Small MUFB (up to 6 units)

LTV	55%	70%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	SM22558403	SM22708404
INITIAL RATE	6.39%	6.69%
PRODUCT FEE	2.00%	2.00%
ICR RATE	7.39%	7.69%
REVERSION RATE	BBR + 5.49%	BBR + 5.49%
ERC YEAR2 1/2	2%/2%	2%/2%
MAX LOAN AMOUNT	£1,500,000

LTV	55%	70%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	SM25558405	SM25708406
INITIAL RATE	5.99%	6.09%
PRODUCT FEE	2.00%	2.00%
ICR RATE	5.99%	6.09%
REVERSION RATE	BBR + 5.49%	BBR + 5.49%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

Key features

*7-year products: 9-30 years

TIER 1

Interest coverage ratios and assessment rates

Large MUFB (7-10 units)

MAX LOAN SIZE	£1,500,000
MIN LOAN SIZE	£50,000
MAX LTV	70%
TERM LENGTH	7-30 years*
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	130%
LIMITED COMPANY OR LLP	130%
HIGHER RATE TAXPAYER (40%)	145%
ADDITIONAL RATE TAXPAYER (45%)	145%

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	LM15558389	LM15658390	LM15708391
INITIAL RATE	5.99%	6.04%	6.09%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.99%	6.04%	6.09%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

LTV	55%	65%	70%
PRODUCT TYPE	Standard	Standard	Standard
PRODUCT CODE	LM17558392	LM17658393	LM17708394
INITIAL RATE	5.89%	5.94%	5.99%
PRODUCT FEE	2.00%	2.00%	2.00%
ICR RATE	5.89%	5.94%	5.99%
REVERSION RATE	BBR + 4.99%	BBR + 4.99%	BBR + 4.99%
ERC YEAR2 1/2/3/4/5/6/7	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%	5%/5%/4%/4%/3%/2%/1%
MAX LOAN AMOUNT	£1,500,000

7-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

TIER 2

Key features

Interest coverage ratios and assessment rates

Large MUFB (7-10 units)

MAX LOAN SIZE	£1,500,000
MIN LOAN SIZE	£50,000
MAX LTV	70%
TERM LENGTH	7-30 years
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	130%
LIMITED COMPANY OR LLP	130%
HIGHER RATE TAXPAYER (40%)	145%
ADDITIONAL RATE TAXPAYER (45%)	145%

LTV	55%	70%
PRODUCT TYPE	Standard	Standard
PRODUCT CODE	LM25558409	LM25708410
INITIAL RATE	6.29%	6.39%
PRODUCT FEE	2.00%	2.00%
ICR RATE	6.29%	6.39%
REVERSION RATE	BBR + 5.49%	BBR + 5.49%
ERC YEAR2 1/2/3/4/5	5%/5%/3%/3%/3%	5%/5%/3%/3%/3%
MAX LOAN AMOUNT	£1,500,000

5-year fixed

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

Properties are eligible for our EPiC rates if they have an Energy Performance Certificate (EER or EIR) of A-C.

TIER 1

Key features

Interest coverage ratios and assessment rates

Holiday Lets

MAX LOAN SIZE	£750,000
MIN LOAN SIZE	£50,000
MAX LTV	70%
TERM LENGTH	7-30 years
REGIONS	England, Wales and Scotland

BASIC RATE TAXPAYER (20%)	125%
LIMITED COMPANY OR LLP	125%
HIGHER RATE TAXPAYER (40%)	140%
ADDITIONAL RATE TAXPAYER (45%)	140%

LTV	70%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	HL12707166	HL12707229
INITIAL RATE	BBR1 + 3.19%	BBR1 + 3.09%
PRODUCT FEE	1.75%
ICR RATE	9.19%	9.09%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR 1/2	No	No
MAX LOAN AMOUNT	£750,000

2-year ERC free tracker

1 The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.

| Mortgages made simple

LTV	70%
PRODUCT TYPE	Standard	EPiC
PRODUCT CODE	HL12707241	HL12707183
INITIAL RATE	BBR1 + 2.29%	BBR1 + 2.19
PRODUCT FEE	3.00%
ICR RATE	8.29%	8.19%
REVERSION RATE	BBR1 +3.99%	BBR1 +3.84%
ERC YEAR2 1/2	2%/2%
MAX LOAN AMOUNT	£750,000

2-year tracker

The Bank of England Base Rate (BBR) is a variable rate set by the Bank of England. BBR is currently 5.25%.
You can repay up to 10% of the outstanding loan balance in any 12-month period (calculated by taking the balance at completion and each anniversary thereafter) without incurring an early repayment charge. This does not apply at full redemption, where the early repayment charge will be calculated on the full outstanding loan balance.

| Mortgages made simple

Buy-to-Let fees

PRODUCT FEES

LEGAL FEES

DUAL LEGAL REPRESENTATION

Product fees can be added to the loan and are included in our affordability calculations.

In all cases the borrower will be liable to pay all legal costs in respect of the completion of the mortgage. On instruction, our solicitors will request that payment is made by the borrower in advance and held on account.

Evidence demonstrates that dual representation reduces the time to completion by an average of 15 days when compared with separate representation.

Our solicitor may be selected to act for both the borrower and us in most situations.

Dual representation is not available where applications have been made that include:
- Cases where security titles are being split or a change in the security title is required
- Incorporation cases involving a transfer by the borrower from individual to corporate ownership.
  
  Dual representation is available for properties located in Scotland.
  
  SEPARATE LEGAL REPRESENTATION
  
  If the borrower wishes to use their own solicitor they may do so provided that the firm of solicitors acting for them is:
- Registered with the Law Society and has a minimum of 3 Solicitors Regulation Authority (SRA) approved managers (none of whom must be struck off)
- A solicitor with 2 SRA approved managers accredited with the Law Society’s Conveyancing Quality Scheme (CQS) is also acceptable.
We will select our own solicitor to act for us.
| Mortgages made simple

Buy-to-Let fees (cont.)

TITLE INSURANCE

We seek to apply title insurance, at no cost to the borrower, for standard property and HMO remortgage cases up to

£750k, excluding:
- MUFBs
- Transfer of equity
- Where security titles are being split or a change in the security title is required
- Properties with more than one kitchen
- Cases where at the underwriter discretion title insurance cannot be applied.
  
  EXPIRED OFFER FEE
  
  LIBOR REPLACEMENT
  
  An expired offer fee of £250 is payable when we are required to extend or re-offer a Mortgage Offer.
  
  As of 8 March 2021, we have replaced LIBOR as the reference rate for the reversion interest rate for our active Buy-to-Let products. To learn more about this decision and its replacement – the Bank of England Base Rate (BBR), please visit the FAQs page on
  
  our website.

| Mortgages made simple

Legal Fees

The tables below set out the fee scales for our preferred partners. These fees are a representation only, actual fees may be higher, particularly for more complex cases that involve additional legal work and exclusive of VAT and Disbursements.

REMORTGAGE/PURCHASE (NO TITLE INSURANCE)

Net loan size	Separate legal rep. fee	Dual legal rep. fee
UP TO £250,000	£750	£850
£250,001 TO £500,000	£850	£950
£500,001 TO £750,000	£900	£1,150
£750,001 TO £1,000,000	£1,150	£1,300
£1,000,001+	Please request quotation	Please request quotation

REMORTGAGE/PURCHASE (WITH TITLE INSURANCE)

Net loan size	Separate legal rep. fee	Dual legal rep. fee
UP TO £250,000	£550	£700
£250,001 TO £500,000	£700	£850
£500,001 TO £750,000	£800	£950
£750,001 TO £1,000,000	£900	£1,100
£1,000,001+	Please request quotation	Please request quotation

CONTACTING US

If you have any questions or queries relating to our legal panel or process please contact 020 3846 6874 or btlcompletion@lendinvest.com .

| Mortgages made simple

Valuation & Application Fees – Standard Residential/Small HMO (6 bedrooms or less)

The valuation fee will be requested on submission of the signed application of which £199

is a non-refundable initial assessment fee. Once the initial assessment is successfully undertaken we will instruct a valuer.

Valuation (up to)	Application fee (non-refundable)	Residential valuation	Small HMO (6 bedrooms or fewer)
£100,000	£199	£0	£251
£150,000	£199	£0	£251
£200,000	£199	£0	£266
£250,000	£199	£0	£336
£300,000	£199	£0	£336
£350,000	£199	£0	£396
£400,000	£199	£0	£396
£450,000	£199	£0	£456
£500,000	£199	£0	£456
£600,000	£199	£0	£521
£700,000	£199	£0	£581
£800,000	£199	£0	£691
£900,000	£199	£0	£766
£1,000,000	£199	£0	£836
£1,200,000	£199	£711	£996
£1,250,000	£199	£711	£1,156
£1,500,000	£199	£821	£1,316
£1,750,000	£199	£936	£1,476
£2,000,000	£199	£1,161	£1,636

| Mortgages made simple

Mortgages made simple.