Large Portfolios
For your clients that are looking to grow their Buy to Let property portfolio.
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If your client is looking to grow their Buy to Let property portfolio we can help. Flexibility and expertise come together in our range of mortgages for experienced landlords with large portfolios.
That’s why there’s no minimum income requirement for landlords who are owner occupiers, and we don’t ask for a business plan either.
Landlord clients are permitted to hold a total of 20 mortgaged properties, with a maximum total borrowing limit of £5m (including the subject property coming to Kensington). This applies to mortgages on buy to let properties that are owned solely, jointly by applicants or through Limited Companies.
Our maximum lending limit to an individual (or joint applicants) is £2m combined across Residential and Buy to Let mortgages (inclusive of fees).
Suitable for...
Portfolio landlords
Limited Companies
Full time landlords
Lending criteria
No minimum income for landlords who are owner occupiers
No business plan required
Up to £2m lending with Kensington
Available on BTL Core and BTL Prime credit criteria
Further details
Landlord clients are permitted to hold a total of 20 mortgaged properties, with a maximum total borrowing limit of £5m (including the subject property coming to Kensington). This applies to mortgages on buy to let properties that are owned solely, jointly by applicants or through Limited Companies. Our maximum lending limit to an individual (or joint applicants) is £2m combined across Residential and Buy to Let mortgages (inclusive of fees). We apply a total loan to value cap at 80% across a customer’s total portfolio (regardless of size).
We require landlords to complete a portfolio summary. We will need either:
- Personal Portfolio summary or Limited Company Portfolio summary this needs to explain who is applying for our mortgage eg. Jane Brown (personal) or Jane Brown Ltd (limited company)
- If your client has a combination of other BTL properties in Other Entities, we will require an Other Entity Portfolio Summary
On BTL Core, excess portfolio affordability can be used to assist with affordability for the application.