Do your clients need a second charge Buy-to-Let mortgage? We’re here to support you with flexible, tailored lending solutions designed specifically for landlords and investors.
As a specialist second charge BTL lender, we offer features and flexibility you won’t find with most other lenders.
Here’s what our product offers:
- Up to 75% LTV
- Minimum loan size: £10,000
- Limited company borrowers welcome
- Up to 4 applicants per loan
- Standard BTL, HMOs, MUFBs, and Student Lets accepted
- Flats with 50 years remaining on the lease (at term-end) considered
- Interest-only and capital repayment options available
- Lender and broker fees can be added to the loan
- 2% proc fee
- No legal fees (including LTD company applications) except for Northern Ireland
- Flat 125% DSCR – no tax band restrictions
- 5-year fixed rate with no early repayment charges (£245 discharge fee)
- AVMs available up to 75% LTV (including 6-bed HMOs)
- England, Scotland, Wales & Northern Ireland covered
If you’d like to discuss a case or learn more, feel free to reach out — I’d be happy to help!
BDMs’ Contact Details:
Nina Kainth
Nina.Kainth@mercantiletrust.
01923 280297 | 07562 209858