Maximum portfolio lending
Maximum Group BTL exposure to an individual is £1,000,000 for a first time landlord and £3,000,000 for an experienced landlord.

Maximum total exposure - no limit to the total number of properties (max. 10 with mortgages).

Maximum number of Group BTL loans is 3 for first time landlords and 5 for experienced landlords. 

Maximum properties in portfolio
We do not have a maximum number of properties allowed in a portfolio. However, no more than 10 properties in the portfolio can be mortgaged.

Is there a maximum LTV applied on individual units in the portfolio?
We won't assess the LTV on any portfolio properties, only the new loan being applied for. We'll look at LTVs in respect of the overall quality of an application.

Maximum LTV on portfolio
We don't assess the LTV at portfolio level.

Are inflight applications included in the total allowable number of portfolio properties?
No, we only count inflight applications when assessing whether the applicant is a portfolio landlord or not. Inflight applications will not count towards the total number of properties you are allowed and won’t be included in our rental calculation.