We allow you to mortgage multiple investment type properties under one loan.
We accept portfolios with any mix of Buy-to-Let, Holiday Let, HMO and Multi Unit Freehold properties.
Our maximum loan to value and minimum interest coverage ratio can be assessed across your whole portfolio.
We also offer the flexibility to add, substitute and remove properties from the loan in the future, subject to further assessment of the portfolio.
Our Portfolio Mortgages
All our mortgages move onto our Standard Variable Rate after the initial rate period. Our Standard Variable Rate is currently 4.99%. If our Standard Variable Rate changes, your monthly repayments could go up or down.
Portfolio Landlord Mortgages FAQs
The Prudential Regulation Authority defines a portfolio landlord as a landlord that has 'four or more distinct mortgaged Buy-to-Let properties either together or in aggregate'.
At Monmouthshire Building Society, we recognise that many landlords are diversifying their portfolios further than traditional Buy-to-Let and choosing to invest in other types of rental properties. That's why we allow landlords to mortgage portfolios containing any mix of Buy-to-Let, Holiday Let, HMO and Multi Unit Freehold properties.
The information below is intended to give you an idea of your eligibility for our Portfolio mortgages. Meeting the below criteria is not a guarantee of acceptance, your application will also be subject to additional specialist underwriting criteria, credit checks and assessment of a suitable property/properties.
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Simply submit our enquiry form and we'll be in touch to discuss our application process and answer any questions you may have:
Please see our Intermediaries website for details of how to submit a Portfolio mortgage application to us:
Our portfolio mortgages are non-regulated, which means we do not provide mortgage advice to portfolio landlords.
Although we cannot give you any advice, our Portfolio Mortgage Team will be happy to take you through our Portfolio product range and explain our application process in detail.
We will provide you with information to make your own decision as to which product is right for you.
Our maximum loan size is £1 million per property and £3 million in total, however we will also assess how much you can afford to borrow based on the rental income of your portfolio.
Loans available to persons aged 21 or over and are subject to status and valuation of a suitable property, over which security will be required. All lending will be subject to appraisal of the financial standing of the applicants.
Most Buy-to-Let Mortgages (investment type property loans) are not regulated by the Financial Conduct Authority.