Simon Nicholson

Experly compared by Simon Nicholson

Products Updated May 25, 2018

Buy to Let Mortgages With No Proof of Income

If you need a 1st charge mortgage on a buy to let but dont have proof of income then then our experts can help. They can assist landlord applicants who do not fit the standard criteria with mainstream lenders. They can arrange buy to let loans with no proof of earnings, and cover semi commercial, ex local authority properties.

Homeowners - Our award winning experts can compare the cheapest loan deals from over 19 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

Learn More
All credit types
Rated 5.0/ 5

Smart Money Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£3,000 - £1,000,000

Representative APRC
From 3.9%

Loan Term
3 - 35 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 100%

Award winning broker of the year Smart Money have made it to the top of our list as our No 1 recommended provider for homeowner loans. Smart Money are not available direct to the public and so we are very pleased to be able to offer them here via Lending Expert.

This product is ideal for those who are unemployed or perhaps self employed, own a new business and can not show full proof of adequate income. Self employed applicants can have less than 12 months trading, be a pensioner, retired or employed on a low income or part time basis.

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

What are the features of this mortgage product?

Buy to let 1st charge mortgage without proof of income

No proof of income accepted

No proof of income accepted

If you need to mortgage or 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 rental with no further proof required.

What type of property does this cover?

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

I have multiple properties can I still get this mortgage?

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

Is there a minimum ownership time?

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

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

Adverse credit applicants accepted

Yes, bad credit applicants are considered including CCJ’s, missed 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% LTV.
  • Adverse credit accepted
  • First and second charges 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 check or scoring

 

We are independently reviewed by our verified customers and web users:
Rating: 4.6 / 5 with 25 votes

Lending Expert is a credit broker and comparison website, we're not a lender.

We bring together the very best financial providers and products from across the market place.

Warning: Late repayment can cause you serious money problems.
For help, go to moneyadviceservice.org.uk