Buy-to-Let Top slicing for UK Expat and International residents now available

We are delighted to announce that we have today made further changes to our Buy-to-Let (BTL) product range outlined below:

BTL Top slicing/Rental top-up

Our top slicing criteria is now available to UK Expat and International residents purchasing a BTL property (excluding HMOs/MUFBs) subject to criteria and underwriting.

Enhanced BTL Top Slicing/Rental top-up Calculator

Our Buy-to-Let Affordability Calculator has also been updated to include an Eligibility Assessment and can be found here. If you require this facility for your client, you MUST complete an assessment using our calculator and attach the completed results summary PDF when submitting an application.

BTL FSCR affordability

The minimum Finance Service Coverage Ratio (FSCR) has been simplified across all applicant types. Please see the table below:

Applicant/Criteria	Top-slicing FSCR Individual	Top-slicing FSCR Limited Company	Minimum Income Top-slicing
UK Resident	115%	115%	£32,000
UK Expat	115%	115%	£32,000
International Resident	125%	125%	£100,000

You can speak to your local BDM and refer to our criteria guides for further information and eligibility here.

Our product range is available to UK residents, UK Expats, International residents and UK registered corporate entities looking to purchase property in England and Wales. Our full range of products can be found here.

To review our current service levels, click here.

Thank you for your continued support.