Limited company buy‑to‑let mortgages

Our limited company buy‑to‑let mortgages are subject to the following high‑level criteria:

• Minimum loan amount: £200,000
• Maximum loan‑to‑value (LTV): 65%
• Maximum of two directors, who must be natural persons
• Properties must be located in England or Wales
• Security is taken as a charge over the property, with a joint and several personal guarantee from all directors
• Maximum of five properties owned by the company
• Companies must be UK or Channel Islands registered
• The company must be incorporated for the principal activity of buying and holding residential property
• Available to non-UK residents including EU nationals
• Interest Coverage Ratio (ICR) calculated at the five‑year pay rate, stressed at 125%
• Application fee of £4,999 for purchases and remortgages (includes legal fees and valuation up to £2.5m). For properties £2.5m or above, the valuation fee will be charged in addition to the application fee.

Limited companies must be incorporated for the principal activity of buying and holding residential property. Applications are subject to restrictions on Standard Industrial Classification (SIC) codes, including:

68100 – Buying and selling of own real estate

68209 – Other letting and operating of own or leased real estate

68320 – Management of real estate on a fee or contract basis

Cases are assessed differently from individual buy‑to‑let applications.

Our underwriting approach considers:

• Rental income sustainability
• Property quality and valuation
• Company structure and activity
• Director background and experience
• Overall portfolio exposure where applicable

• Experience supporting UK buy‑to‑let lending
• Clear, defined lending criteria
• Straightforward, criteria‑led underwriting approach
• Dedicated support throughout the application process

Submitting your application

Send your completed UK Buy‑to‑Let Mortgage Application and all supporting documentation by:

Email: mortgagesales@skiptoninternational.com

Please ensure the application pack is fully completed before submission.

Independent legal advice when signing the personal guarantee is recommended, although not mandatory.

Application review

Once received, we aim to process complete applications within three working days. Incomplete applications or missing documentation may delay processing. In some cases, applications may be declined prior to valuation, in which case the application fee will be refunded.

Valuation

If your application meets our criteria, a valuation will be instructed. Valuations are managed by Connells estate agency on our behalf. As the application fee includes valuation costs, no additional payment is required.

Once completed, we will review the valuation to confirm sale and rental values. If any concerns arise, we will discuss next steps with you. In rare cases, applications may be declined at this stage if the property is not considered suitable security.

Mortgage offer

If successful, you and your client will receive a UK Limited Buy‑to‑Let Mortgage offer by email. Please read the offer carefully, including any conditions or early redemption provisions. 

If your client wishes to proceed, they need to sign the offer (all parties must sign for joint applications) and return it by email. Once received and checked, solicitors will be instructed.

Skipton International uses Ferbrache & Farrell for limited company buy‑to‑let purchases and remortgages.

Legal costs for Skipton’s conveyance are included in the application fee

For remortgages, you are not required to appoint your own solicitor (except when refinancing an Islamic Finance arrangement)

For purchases, you will need a solicitor or licensed conveyancer to act on your behalf. The application fee includes the cost of a standard conveyance, when performed by Skipton International's legal representative, Ferbrache & Farrell.

Tel: +44 (0)1481 741300

Email: info@ferbrachefarrell.com

You may appoint a solicitor of your choice, although using the same legal representative as Skipton International can help simplify the process and reduce completion times.