SPYDER PROPERTIES

Many lenders are reducing Stress Testing on BTL mortgages. Whilst it is still difficult to get the rental cover required there are often other options available- such as using earned income or surplus income from other BTL properties.

Did you know that by putting two or more properties on one mortgage application you can reduce the risk of a property failing on Loan to Value or Rental Stress Testing.

You can also factor in earned income or rental income from other properties to help overcome rental shortfalls when stress testing.

In addition- to get a Buy To Let Mortgage- there is -

No minimum income for experienced and portfolio landlords

No need to be an owner occupier

No portfolio limits on number of properties or value

No need proof required of onward buy to let investments when capital raising.

Here at Spyder Properties we can help you find solutions for your BTL portfolio funding.