Help, advice and information on Covid-19 for UK landlords

The Commercial Trust Covid-19 landlord hub shares information, resources and help for those managing rental property across the UK amidst the Coronavirus pandemic.

Click through on the links below for information specific to your enquiry today.

The current buy to let mortgage lender position

We are an independent, specialist broker of buy to let mortgages, commercial mortgages and bridging loans.

Our lenders are representative of the UK marketplace. In the buy to let arena we normally work with in excess of 80 UK lenders, both high street and specialist.

Can I still get a buy to let mortgage or remortgage?

Yes!

Currently, some fringe buy to let lenders have temporarily stopped taking new applications for buy to let mortgages, others have changed their lending criteria.

Can I still borrow at up to 85% loan to value?

Yes.

85% loan to value products were temporarily been taken off the market, over lockdown, but they have since been re-introduced.

What is the maximum loan to value I can achieve, right now?

85% loan to value, subject to other criteria.

We need to know various information about you and your property before we can establish which product best suits your needs and circumstances, but at present lenders accept a minimum of 15% deposit on a buy to let mortgage.

Who do I speak to about mortgage payment holidays?

Contact your mortgage lender if you need to arrange a mortgage payment holiday or to discuss the options available to you.

Tenants facing financial difficulties

If your tenants are facing financial challenges through loss of income, they may be eligible for Universal Credit.

How to claim Universal Credit