Portfolio Landlords Position and Definition

Our standard acceptability

Accepted

Criteria definition:

Indicates if we can accept '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