We’re making it even easier for brokers to place Buy to Let business with criteria enhancements designed to reduce administration and provide greater flexibility for landlords.
What’s Changed?
Income Evidence
- Previous: Mandatory for all applications.
- New: No income evidence required.
Gifted Deposits
- Previous: Accepted from immediate family only.
- New: Accepted from a wider range of eligible family members, including parents, grandparents, siblings and children.
Maximum Mortgage Term
- Previous: 25 years.
- New: Up to 30 years
If you have clients looking to purchase, refinance or expand their Buy to Let portfolio, speak to your Business Development Manager or our Sales Desk at 020 7031 1551 or email: mortgage.enquiries@utbank.co.