Brilliant Solutions

Fleet Mortgages

Fleet Mortgages, the Buy-To-Let specialist lender, has continued to operate through the pandemic and we have quickly worked our way back to the ‘new normal’.

Fleet Mortgages is an intermediary only lender who caters to both professional and amateur landlords, on an Individual or Limited Company basis, for both regular residential properties, HMOs and Multi-Unit Blocks. 

Current Service Levels 

  • We always strive to keep our turnaround times to 24-hrs on DIPs, valuations, and Documents.

     

  • Take a look at our online Live Chat and speak to a member of our highly experienced BDM team immediately.

     

  • No switchboards or recorded messages, you can speak directly to our dedicated BDMs when calling our office.  Our average call wait time is less than 30 seconds! 

     

  • You can also get through direct to your underwriter.

     

  • Get a same-day response by emailing us at [email protected] or your BDM direct. 
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Flexible Criteria

Rental Calculations starting at 125% @ 3.59%, available for all rate taxpayers.

Minimum age 21 (25 for first time landlord) up to maximum age 89 at start and 95 at end of mortgage term.

No stress testing/affordability checks on background BTL portfolio

Properties next door are acceptable.

Day 1 re-mortgages - We will lend against the new property value if significant works have been completed.

We allow properties with balcony/deck access.

We accept properties above or adjacent to commercial.

Minimum Income - £15k.

Multiple sources of income accepted including rental income.

Capital Raising allowed for all purposed, excluding gambling and some tax bills.

Up to £5 million exposure with us.

Free/discounted valuations on all standard and Limited Company cases (Not HMOs or MUBs).

Products

Limited Company

- Up to 75% £1m lend (70% to £1.5m, 65% to £2m)
- New, existing or subsidiary SPVs
- Up to 4 applicants
- Individual to Ltd Co Name
- Intercompany & Director loans

HMO/MUB

- Licenced HMOs up to 6 bed
- Up to 10 self-contained units in one freehold title
- 2 self-contained units under one title qualifies for our standard products
- Shared accommodation available on our standard products

Contact Details

At Fleet Mortgages you can contact both an experienced internal and external BDM who are always happy to help.

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