- Up to 80% LTV available
- Minimum property value £75,000
- Maximum loan value £3m with more available by Sales team referral
- HMO/MUFBs with up to 10 bedrooms/units accepted
- Portfolio landlords accepted
- Rates from 2.99%
If your landlord customer is looking for a holiday let mortgage our sister company InterBay Commercial could help. To find out more, visit InterBay.co.uk to speak with a member of their sales team.
Minimum loan size £50,000. When the LTV exceeds 75% a minimum loan of £100,000 is applicable.
Find out how we can support your customers with furlough payments, bounce back loans and CBILS here.
Acceptable credit profile
|CCJs||Defaults||Secured arrears||Unsecured arrears|
|0 in 36*||0 in 36*||0 in 12||Not counted**|
*These are acceptable where one of the following applies:
- Where all CCJs/defaults were registered more than three years ago and satisfied prior to mortgage application
- Where all CCJs/defaults were satisfied more than 12 months prior to application regardless of date of registration
- Where the CCJs/defaults in aggregate amount to less than £300, regardless of date of registration, and satisfied prior to mortgage application
**Whilst unsecured arrears are not counted, we reserve the right to consider on a case-by-case basis as part of the full underwrite.
The following exclusions apply:
- No income supported buy to lets
- No holiday lets
A physical valuation will be sourced from Connells via the standard process.
Connells has issued prescriptive guidance to follow around inspection protocols, which you can find here.
If this guidance isn't adhered to (e.g., the property is occupied or doors have been left closed), the surveyor may not go ahead with the valuation but will still charge the valuation fee for the on-site visit.
The products and/or services featured above are not regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Terms and conditions
All of our products are subject to availability and may be withdrawn at any time.
At the end of any initial deal, the Interest rate will revert to the standard variable rate. The standard variable rate can vary in line with the general level of Interest rates and economic conditions.
Consumer buy to let mortgages are regulated by the Mortgage Credit Directive Order 2015. Buy to let loans are not regulated mortgages.
If your client makes any lump sum payments or repays the loan within a special deal period, an early repayment charge may be payable. Please refer to the early repayment charge section of the table for details. Payments up to a maximum of £499 per month can be made without incurring an early repayment charge.
All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged 18 or over. Maximum age at the end of the mortgage term is 85. Written quotations are available on request.
OneSavings Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registered number 530504) for general insurance intermediation and regulated mortgages.
YOUR CLIENT'S HOME MAY BE REPOSSESSED IF THEY DO NOT KEEP UP REPAYMENTS ON THEIR MORTGAGE