Woolwich PLC
Phone: +44 (0)800 316 5500, +44 0800 022 4022
Email:
Name
Buy to Let mortgages
Category
Description
We have a choice of tracker and fixed-rate mortgages specifically designed for buy-to-let investors.
Conditions
-Terms of 5 to 25 years
-Borrow up to £5 million on an unlimited number of properties
-Repayments on an interest-only or capital repayment basis
-Borrow up to £5 million on an unlimited number of properties
-Repayments on an interest-only or capital repayment basis
Details
-No Higher Lending Charge
-Applications are subject to status and a minimum age of 21 or over for the principal applicant. All other applicants must be 18 or over
-Loan to Value restrictions apply
-A first legal charge over the BTL property is required
Please note that if you borrow via a Special Purpose Vehicle Limited Company (SPV) or a Limited Liability Partnership (LLP) we will require our mortgage also to be registered at Companies House. In addition full Personal Guarantees will be required from all directors/shareholders/members. The SPV Limited Company or LLP must be registered in the UK and its sole purpose must be Buy To Let
-Applications are subject to status and a minimum age of 21 or over for the principal applicant. All other applicants must be 18 or over
-Loan to Value restrictions apply
-A first legal charge over the BTL property is required
Please note that if you borrow via a Special Purpose Vehicle Limited Company (SPV) or a Limited Liability Partnership (LLP) we will require our mortgage also to be registered at Companies House. In addition full Personal Guarantees will be required from all directors/shareholders/members. The SPV Limited Company or LLP must be registered in the UK and its sole purpose must be Buy To Let
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