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Buy to let mortgage lenders naturally value relationships with large portfolio landlords. However, their business models include exposure limits that could affect you, if you have a large number of properties with one lending organisation.

The video guide below summarises how lender exposure limits work, what triggers them and what to do if you find you can’t work with a lender you have, to date, had a strong relationship with.

If this affects you, get in touch with our team today and we will review your portfolio and find a suitable lender so you can continue with your property investment plans.

 

Video guide transcript: Lender exposure limits don’t need to interrupt your investment plans

“As a portfolio landlord you might be growing the number of properties that you own and you may be working with a lender that you've known well and worked with for years. But they come back to you to say they can't help you with your next purchase.

“There are a couple of reasons why that might be the case and I'm just going to run through them with you.

“First of all, a lender will limit the number of properties that they will lend on from any one individual, or company (if you're investing via a limited company). And they will also limit the number of properties that they have in a given postcode area.

“It's all to do with limiting their risk, in terms of their lending and the picture of their overall portfolio.

“It need not have anything to do with you, or the property that you're investing in.

"If that happens to you, don't worry at all. As a specialist broker, we will just go into the marketplace, find another lender with a competitive interest rate and with criteria that matches your requirements and we will go forward from there. 

“It won't limit your overall ability to invest in property. It won't limit your overall ability to remortgage. It just means that one lender has reached the threshold at which they can't take anymore at this time and we will find you an alternative.

“If that's you, you would like some help with your portfolio. Do take advantage of our free portfolio review and get in touch via the phone or via the website. We've been delighted to hear from you.”