What criteria applies to your Premier products?
Applies to Premier products only
- Available to SPV Limited Companies only
- Max 15 BTL properties in portfolio
- Max exposure - £5M – please refer when over £2M
- Property must be let on an AST of maximum 3 years
- Applicants must individually own 75% or more of company shares (voting shares)
- Any shareholder with under 25% holding must be an immediate family member of the directors
- No LLPs
- No layered limited companies
- Maximum age at end of term – 85
- Deposits must originate in the UK
- Directors' loans can be considered
- Intercompany loans are acceptable