Minimum property valuation - £75,000
Properties must have a minimum Energy Performance Certificate Rating of E, unless there is an applicable exemption.
Properties divided into a maximum of 20 units are considered on an individual basis. HMO's will be considered.
Part commercial properties considered where there is a commercial element not exceeding 40% of total floor space.
For multi-unit properties, HMO's and part commercial properties, landlords must have a minimum of three years’ lettings experience, and must be submitted as portfolio applications, even if the customer is classified as non-portfolio under PRA regulation.
Please see our Portfolio lending guidelines and submission requirements for the minimum valuations that apply to multi-unit properties, HMO's and part commercial properties