Simon Nicholson

Expertly compared by Simon Nicholson

Products Updated January 9, 2020

Buy to Let Mortgages With No 6 month
Minimum Ownership

If you wish to take out a mortgage on a buy to let property with no minimum 6 month ownership rules or period then our experts can help. This product is suitable on a first or second charge basis for all credit types and properties. This mortgage product allows for immediate refinancing even if you have owned the property only for a short time.

Our Award Winning Buy to Let Experts can compare loan deals from over 16 approved Lenders. All credit types accepted:

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on a loan or any other debt secured on it.

Questions? Call us on 0161 820 8099

1 providers expertly compared:

Lending Expert

Loan Amount
£10,000 - £1,000,000

Representative APRC
%

Loan Term
3 - 30 years

Loan Type
Buy to Let

Status
Homeowners & Tenants

Rated 4.8/ 5

All credit types

Our buy to let finance experts can help find you the best deals on both first and second charge loans. We can quickly compare the market to find you the cheapest rates from a wide range of lenders. Solutions for both good and bad credit applicants, the self employed, professional landlords and first time buyers. Simply request a quote here on the websites for a free no obligation quotation.

Read our customer and visitor reviews for this product:

Rating: 4.6 / 5 with 31 votes

Good for secured loans

by Abdul R

Good service for secured loans with a full brokerage service. Good panel of lenders to suit most customers.

Found the right mortgage I was looking for

by Mrs Dale

Had a very positive experience using the mortgage pages. Thankyou.

Many mainstream buy to let lenders will require you to have owned a property for 6 months or more before you can mortgage the property. With this product there is no ownership period rule which means you can finance your property regardless of how long you have owned it. Also ideal for investors who wish to refinance and exist from a bridging loan.

>> Get a Quote on This Product Today From Smart Money

What are the features of this product?

Buy to let 1st and 2nd charge mortgage without proof of income

Poor credit accepted

Poor credit applicants OK

If you need a mortgage or to remortgage a buy to let property and do not have adequate proof of income then this product is for you. No proof of income is required, and the tenancy agreement can be used to evidence the rental income without any further proof of income required. This product is suitable for self employed, and low income employees.

What type of properties does this loan cover?

This mortgage product is suitable for any property type including semi commercial properties, ex local authority, flats above shops, maisonettes including High Rise, HMOs & Non Standard Construction. There is no minimum property valuation and uninhabitable properties with no one living in them are also accepted with this lender.

I have a portfolio of multiple properties can I still get this mortgage?

Yes, this product is suitable for portfolio landlords who own more than 1 property and is currently available in England, Scotland and Wales.

Is there a minimum ownership time to apply for this mortgage?

No, while some mortgage lenders will require you to have owned the property for at least 6 months, this is not the case with this product and lender. There is no minimum ownership time required.

There is no mortgage history required so First Time Buyers are also considered.

Adverse credit applicants accepted

Bad credit applicants are considered including people who have had CCJ’s, missed credit payments, account defaults, discharged bankrupts, and applicants with a low credit score. No credit scoring is required for this application.

What are the product details?

  • Loans from £10,000 – £1,000,000
  • Up to 75% Loan to value.
  • Adverse credit applicants are accepted
  • First and second charge loans available
  • Ex-pats landlords accepted
  • Any legal purpose including tax bills and purchase other properties and deposits
  • Equitable charges available
  • Capital and interest only available
  • Up to age 80 at application
  • No credit scoring required