Let to Buy (Remortgage current residential to Buy to Let)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if a Buy to Let lender can potentially accept applications to remortgage onto a buy to let basis when the current mortgage is residential. For example Jack wants to move out of his current residential mortgaged property, remortgage onto a buy to let and purchase a new residential property to live in. This criteria relates converting the current residential onto a buy to let mortgage.

Policy Notes:

We can accept applications for a remortgage onto a buy to let basis subject to our normal BTL criteria.

Outside Notes:

Warning Notes:

Criteria categories :
  • general
  • Policy
Criteria topics :

Last updated:

29 August 2018