Buy-to-Let Eligibility

Important information

These criteria are a helpful overview but not exhaustive. Your eligibility depends on several factors including your income, credit history, property type and deposit amount. We review every application with care to make sure it’s affordable, sustainable and aligned with our values.

Read eligibility criteria

• No minimum income requirement for homeowners or landlords. First-time buyers require a minimum income of £25,000 or £30,000 if within London & South East.
• Buy-to-Let applications can be in personal name, with up to four applicants.
• Limited Company applications are accepted, including newly incorporated companies ‘SPV’s’, with no minimum trading history required. All directors and shareholders with 25% or more shareholding to be included on the application. Shareholders with less than 25% shareholding are not required to be named on the application.
• You must be at least 18 when you apply. No maximum age unless you’re using Top Slicing for affordability.
• Gifted deposits are accepted from family and unrelated persons, including inter company interest free loan.
• First-time landlords and first-time buyers are accepted. No previous experience is required unless you’re purchasing a HMO (Houses in Multiple Occupation) or MUB (Multi Unit Block) which require 2 years Buy-to-Let experience or 1 year HMO/MUB landlord experience.
• Top slicing is available for Personal, Limited Company, Portfolio Landlord, and first-time buyer applications. Where rental income falls short of affordability requirements, personal income can be used to support the application and maintain rental affordability. This enables Buy-to-Let applications on lower-yielding properties and can help clients secure maximum finance, even where rental valuations are reduced following a down valuation.

1. The property rental income must meet our affordability checks.
2. Your deposit can come from savings, a gift, inheritance, company funds, or verified overseas sources, as long as you can clearly evidence the proof of source of funds.
3. We assess credit history with flexibility, having past arrears, settled CCJs, or an older IVA doesn’t automatically disqualify you. Each Buy-to-Let application is reviewed on its individual merits and financial background.

Finance-to-Value (FTV)

1. Up to 80% FTV (to £1 million property value).
2. Up to 75% FTV (to £1.5 million property value).
3. Up to 60% FTV (to £2.5 million property value).
4. Up to 75% FTV for HMOs and MUFBs.

Your finance ranges from £50,000 to £2.5 million per property, or up to £3 million across a portfolio with StrideUp.

• The property must be located in England only.
• Residential Buy-to-Let homes, or HMOs (up to 12 rooms), or MUFBs (up to 10 units on one title).
• Leasehold properties must have at least 40 years remaining on the lease at the end of the plan term.
• We can accept builder’s deposit or incentives up to 5% of the property value.
• No defective materials, mobile homes, or retirement homes.

Talk to a StrideUp specialist and see if you’re eligible.