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Lending criteria

First time landlord

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First time landlord criteria

We are able to accept applications from first time landlords up to a maximum loan to value of 80% 

At least one applicant must own the residential property in which they reside - However applications may still be considered so please contact your BDM.

Top slicing is not permitted when lending to first time landlords.

For an application to be classed as a  first time landlord, all applicants do not, at the time of application, own a property that they have let out for more than 12 months.