Norwich & Peterborough Building Society

Finance available: Buy to let mortgages. Commercial mortgages. Residential mortgages.

Access: Norwich & Peterborough only offers its buy to let mortgage product range through a select panel of intermediaries, including Mortgages for Business.

Buy to let mortgages: We tend to approach N&P for those investors who are looking to borrow through a limited company. N&P accepts applications from LLPs, SPVs and trading limited companies for flats over commercial, multi-units and vanilla buy to let property. N&P does ask that applicants earn a minimum of £35,000 per annum.

Commercial mortgages: N&P also offers a range of commercial mortgages for investment and business owner-occupiers mostly on a capital and interest repayment basis, although it will sometimes consider periods of interest-only too.

N&P commercial investment mortgages are mostly designed for borrowers looking to purchase or refinance retail shops, offices, industrial units and warehouses up to 75% LTV. It will also consider lending for Self Invested Pension Scheme and Self Administered Pension Scheme purchases.

Its owner-occupier mortgages are for established businesses that have a proven, profitable track record and can provide the last three years’ audited or certified accounts. On a case by case basis it will consider business with only two years’ of finalized accounts but expect rates to be higher. Unlike some lenders N&P does not require the borrower’s business banking. Usually it will lend up to 75% LTV on loans from £75k to £10m.

Residential mortgages: N&P also offers a standard range of residential mortgages.

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To access this lender call The Deal Placement Team on 0845 148 9238 now.

Lenders change their criteria on a regular basis, so this page should be used as a guide only. We will do our best to keep it up to date.

Last updated: 27/10/2016