Portfolio Landlords Position and Definition

Our standard acceptability

Accepted

Criteria definition:

Indicates if a lender accepts 'Portfolio' landlords and IMPORTANTLY how they define a portfolio landlord. 

Policy Notes:

Family Building Society specifies a 'Portfolio Landlord' as 4 or more completed qualifying rental properties that are mortgaged. The number of qualifying properties that constitutes a 'Portfolio Landlord' is All applicants combined Buy To Let properties. A qualifying property:

    • Includes Privately owned Buy to Let rental properties
    • Includes Company owned Buy to Let rental properties
    • where the applicant has a shareholding of more than 0 %
    • Includes Consent to Let properties
    • Includes Holiday Lets
    Single title multi unit properties are counted as individual properties.

Criteria categories:
  • Policy
  • portfolio

Last updated:

29 August 2018