Direct access to the specialist lenders
If you can't place deals directly with the specialist buy to let lenders, let Mortgages for Business do it for you. We're on all the direct access panels and we'll work with you to get your cases placed successfully.
How we can help...
- Experts in placing complex buy to let deals
- Direct access to all specialist lenders
- Good commission and no up-front fees
Some of our lenders
What is classed as a complex buy to let case?
A complex buy to let mortgage case is any application that isn’t classed as vanilla or standard buy to let and can't be placed with the mainstream buy to let lenders. Complex cases usually fall outside of the lending criteria of the mainstream lenders and need placing with the specialists who operate via restricted panels.
Why can’t I access these lenders directly?
These specialist lenders only allow a selection of brokers to join their panels to control the flow and quality of submissions. Mortgages for Business has taken time to develop strong relationships with these lenders and is currently the only broker on all the panels.
We can help with:
• Loans up to 85% LTV
• HMOs and student lets
• Ltd company and LLP applications (SPVs and trading businesses)
• Non-standard construction
• Experienced landlords with no limit on the portfolio size
• Some adverse credit
• First time landlords
• New build properties up to 85%
• Rental income stress test from 110%
• Holiday lets
• Recently refurbished properties and remortgages within six months of purchase
• Light to medium refurbishment loans
• Short and medium term loans (3-18 months, 3-5 years)
• Flats above offices and shops
• No minimum income requirements
• Employed or self-employed applicants
• First time buyers
• Foreign nationals
• Short and medium term loans (1-18 months, 3-5 years)
As with any buy to let mortgage application, your client will have to pay all the associated fees. However, in most cases, we will not charge your client a broker fee - that's for your to do. And of course, if that's not the case, we will let you know up front. Remember, your client remains your client.
We pay brokers commission up to 1% of the loan amount. The actual amount varies from lender to lender. For details of what we currently pay, please contact the Deal Placement Team on 0845 148 9238 or send us a request via email. In order to receive commission, you must be registered with us - see below for a Broker Registration Form.
Once we have been paid you will get paid. We have payment runs twice a month, so you'll never be kept waiting once a case has fully completed.
What should I do now?
If you would like to place cases through Mortgages for Business you will need to register with us first. To register please contact our Deal Placement Team on 0845 148 9238 for more details.
>> Download our Broker Registration Form
If you are already registered with us call 0345 148 9238 to place that case!
>> Download our Buy to Let Application Form (This document is an interactive PDF. To complete, download it first then fill it in using your PDF viewer and save it with your details.)
You’ve decided you want to remortgage your property to ensure you don’t miss out on the 125% rent to interest (RTI) calculation but you don’t want to pay any ERCs on your existing buy to let mortgage… Beckie Pepperrell explains how you can get round this if your current initial term is due to expire in the next six months.
Paul Martins, consultant mortgage broker looks at what your rental income would get you today in terms of borrowing compared with six months ago.
Borrowing personally or via a limited company – up until recently it wouldn’t have made much of a difference when it came to lenders’ stress tests but this is all changing. Gary McKenna explains how much you will be able to borrow going forward.
Jeni Browne, Head of Regulated and Buy to Let Lending hand-picks her top 10 buy to let remortgage rates for individual applicants.