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

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we 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 to 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.

Criteria categories:

• general
• Policy

Last updated:

29 August 2018