First and Second Charge Buy to Let Mortgages
If your client is an existing or new landlord, who is either looking to buy a property, add to their portfolio or re-mortgage but they do not meet high street lenders’ criteria, we can help.
For landlords with extraordinary circumstances
Our First Charge Specialist Buy to Let Mortgages are suitable for clients such as those who: have a poor credit history; do not meet the minimum income requirements; do not already own a property; or who live abroad.
Our Second Charge Specialist Buy to Let Mortgages are suitable for those who want to release equity from their property and are unable to raise finance from their current lender. Also useful if they have incurred early repayment charges on their First Charge Mortgage and/or are already on a rate that they don’t want to lose.
Proven lender panel
As specialists in our field, we have honed our assessment process and cultivated long standing relationships with a network of specialist lenders, who understand extraordinary client circumstances and who have a history of responding positively.
Tried and tested process
Our in-house matching procedures, coupled with our extensive experience, mean we can quickly identify an effective and satisfactory solution for your client for the best chance of success. What’s more, we can liaise directly with your client (which means the onus of responsibility from a compliance perspective sits with us), or we can consult with you while you deal directly with them.
Key features
First Charge Buy to Let Mortgage Summary
Interest only and capital repayment options.subject to status and application
Mortgage types
- First charge buy to let mortgages.
Client types
- First time buy to let landlords.
- Established buy to let landlords.
- Ex pats and foreign nationals considered.
Client scenarios
- First time purchases.
- Non regular construction.
- Poor credit history.
- Do not already own property.
- Un-occupied BTL’s considered.
- HMO’s, MUFB’s and holiday lets considered.
- Top slice on rental coverage if required.
Key features
Second Charge Buy to Let Mortgage Summary
Interest only and capital repayment options.subject to status and application
Mortgage types
- Second charge buy to let mortgages.
- Ex pats and foreign nationals considered.
Client types
- Buy to let landlords.
Client scenarios
- No minimum personal income.
- Unoccupied BTL properties considered.
- HMO’s, MUFB’s and holiday lets considered.
- Top slice on rental coverage if required.
The Financial Conduct Authority does not regulate commercial buy to let mortgages.
FAQ’s
Are you able to lend on a BTL above commercial premises?
Yes, our lenders will consider all property types, even those above commercial premises.
The clients first charge lender will not lend money due to rental stress test – are you able to raise further funds?
Yes, our lenders generally work on 125%/145%/165% depending on tax bracket but without stressing the payments. This way they can usually lend more based on their rental calculations.
Are you able to raise finance for business purposes?
Most lenders will raise finance for all legal purposes.
Want to know more?
Or to talk to us call
Our First and Second Charge Buy to Let Mortgage experts are:
Sarah Stroud CeMAP
Sarah’s first role in Financial Services was back in 1993 when she joined Woolwich Building Society. From there, she has progressed to cover almost all aspects of the mortgage market; first charge mortgage underwriter/mortgage broker/compliance manager, to name but a few.
In May 2013 Sarah joined Pink Pig Loans Limited, the forerunner to Truffle Specialist Finance, as a second charge underwriter and then progressed to the Sales Team end of 2014. Sarah went on to be appointed as a Director in July 2021.
During her down time Sarah enjoys a range of activities and in her own words is ‘addicted’ to spin classes, which she tries to attend three times a week. She has recently joined Penarth Coastguard as a Coastguard Rescue Officer in a voluntary capacity.
In summary Sarah says: “2023 is a big year for me as it coincides with my 10-year anniversary working with James and 30 years in the industry!”.
Nick Johns CeMAP
Nick has worked in the finance industry for the past 14 years, starting his career in intermediary mortgage support for Barclays before moving into the specialist mortgage market in 2012. He’s worked with Truffle Specialist Finance for the past 5 years becoming a director in 2021 and now head up the sales team.
Nick is very driven and focused with a real passion for finding the best resolutions to clients’ complex residential and BTL mortgage applications.
If you’ve dealt with Nick before you’ll know he is very knowledgeable about the specialist market and will always ensure your client is treated with the utmost professionalism.
Outside of work, Nick is a lover of good food and wine, renovating a new house purchase and walking the dog.
Sarah Stroud CeMAP
Sarah’s first role in Financial Services was back in 1993 when she joined Woolwich Building Society. From there, she has progressed to cover almost all aspects of the mortgage market; first charge mortgage underwriter/mortgage broker/compliance manager, to name but a few.
In May 2013 Sarah joined Pink Pig Loans Limited, the forerunner to Truffle Specialist Finance, as a second charge underwriter and then progressed to the Sales Team end of 2014. Sarah went on to be appointed as a Director in July 2021.
During her down time Sarah enjoys a range of activities and in her own words is ‘addicted’ to spin classes, which she tries to attend three times a week. She has recently joined Penarth Coastguard as a Coastguard Rescue Officer in a voluntary capacity.
In summary Sarah says: “2023 is a big year for me as it coincides with my 10-year anniversary working with James and 30 years in the industry!”.
Nick Johns CeMAP
Nick has worked in the finance industry for the past 14 years, starting his career in intermediary mortgage support for Barclays before moving into the specialist mortgage market in 2012. He’s worked with Truffle Specialist Finance for the past 5 years becoming a director in 2021 and now head up the sales team.
Nick is very driven and focused with a real passion for finding the best resolutions to clients’ complex residential and BTL mortgage applications.
If you’ve dealt with Nick before you’ll know he is very knowledgeable about the specialist market and will always ensure your client is treated with the utmost professionalism.
Outside of work, Nick is a lover of good food and wine, renovating a new house purchase and walking the dog.
Calum Sayer CeMAP
In 2013, Calum graduated with a BSc in Sports Coaching Science from The University of Wales Institute Cardiff. This degree allowed him to combine his love of sports with his natural people skills and as a result, he loved his time at university. After graduating a few jobs followed but in 2015, a friend who was already working in the specialist finance industry invited Calum to an interview where he was offered a position as a trainee specialist mortgage broker.
Over the coming months and years Calum gained CeMAP 1, 2 and 3 and has been part of the specialist finance industry ever since, spending the majority of those years with Truffle Specialist Finance.
Calum has a deep understanding of the specialist mortgage market and prides himself on achieving the best results for his clients.
Calum spends most of his Sunday’s on his local golf course and is a lifelong Manchester United fan.
Edward Smith CeMAP
Edward entered the specialist market 4 years ago, after previously working in telecommunications and the footballing/sporting industry. He started with very limited knowledge of the Specialist Finance industry but has over the years developed key relationships with a wide network of introducing brokers, helping arrange an extensive range of specialist finance options for their clients.
With a focus on excellent service remaining at the forefront, Edward now has a comprehensive understanding of the specialist market. He has a professional approach when dealing with introducers and always maintains the clients’ best interests.
Edward is an avid Liverpool fan but also follows his local side, Cardiff City, when they are winning! If it weren’t for a shoulder and knee operation, he would still play football!
Sarah Stroud CeMAP
Sarah’s first role in Financial Services was back in 1993 when she joined Woolwich Building Society. From there, she has progressed to cover almost all aspects of the mortgage market; first charge mortgage underwriter/mortgage broker/compliance manager, to name but a few.
In May 2013 Sarah joined Pink Pig Loans Limited, the forerunner to Truffle Specialist Finance, as a second charge underwriter and then progressed to the Sales Team end of 2014. Sarah went on to be appointed as a Director in July 2021.
During her down time Sarah enjoys a range of activities and in her own words is ‘addicted’ to spin classes, which she tries to attend three times a week. She has recently joined Penarth Coastguard as a Coastguard Rescue Officer in a voluntary capacity.
In summary Sarah says: “2023 is a big year for me as it coincides with my 10-year anniversary working with James and 30 years in the industry!”.
Nick Johns CeMAP
Nick has worked in the finance industry for the past 14 years, starting his career in intermediary mortgage support for Barclays before moving into the specialist mortgage market in 2012. He’s worked with Truffle Specialist Finance for the past 5 years becoming a director in 2021 and now head up the sales team.
Nick is very driven and focused with a real passion for finding the best resolutions to clients’ complex residential and BTL mortgage applications.
If you’ve dealt with Nick before you’ll know he is very knowledgeable about the specialist market and will always ensure your client is treated with the utmost professionalism.
Outside of work, Nick is a lover of good food and wine, renovating a new house purchase and walking the dog.
Calum Sayer CeMAP
In 2013, Calum graduated with a BSc in Sports Coaching Science from The University of Wales Institute Cardiff. This degree allowed him to combine his love of sports with his natural people skills and as a result, he loved his time at university. After graduating a few jobs followed but in 2015, a friend who was already working in the specialist finance industry invited Calum to an interview where he was offered a position as a trainee specialist mortgage broker.
Over the coming months and years Calum gained CeMAP 1, 2 and 3 and has been part of the specialist finance industry ever since, spending the majority of those years with Truffle Specialist Finance.
Calum has a deep understanding of the specialist mortgage market and prides himself on achieving the best results for his clients.
Calum spends most of his Sunday’s on his local golf course and is a lifelong Manchester United fan.
Edward Smith CeMAP
Edward entered the specialist market 4 years ago, after previously working in telecommunications and the footballing/sporting industry. He started with very limited knowledge of the Specialist Finance industry but has over the years developed key relationships with a wide network of introducing brokers, helping arrange an extensive range of specialist finance options for their clients.
With a focus on excellent service remaining at the forefront, Edward now has a comprehensive understanding of the specialist market. He has a professional approach when dealing with introducers and always maintains the clients’ best interests.
Edward is an avid Liverpool fan but also follows his local side, Cardiff City, when they are winning! If it weren’t for a shoulder and knee operation, he would still play football!
Sarah Stroud CeMAP
Sarah’s first role in Financial Services was back in 1993 when she joined Woolwich Building Society. From there, she has progressed to cover almost all aspects of the mortgage market; first charge mortgage underwriter/mortgage broker/compliance manager, to name but a few.
In May 2013 Sarah joined Pink Pig Loans Limited, the forerunner to Truffle Specialist Finance, as a second charge underwriter and then progressed to the Sales Team end of 2014. Sarah went on to be appointed as a Director in July 2021.
During her down time Sarah enjoys a range of activities and in her own words is ‘addicted’ to spin classes, which she tries to attend three times a week. She has recently joined Penarth Coastguard as a Coastguard Rescue Officer in a voluntary capacity.
In summary Sarah says: “2023 is a big year for me as it coincides with my 10-year anniversary working with James and 30 years in the industry!”.
Nick Johns CeMAP
Nick has worked in the finance industry for the past 14 years, starting his career in intermediary mortgage support for Barclays before moving into the specialist mortgage market in 2012. He’s worked with Truffle Specialist Finance for the past 5 years becoming a director in 2021 and now head up the sales team.
Nick is very driven and focused with a real passion for finding the best resolutions to clients’ complex residential and BTL mortgage applications.
If you’ve dealt with Nick before you’ll know he is very knowledgeable about the specialist market and will always ensure your client is treated with the utmost professionalism.
Outside of work, Nick is a lover of good food and wine, renovating a new house purchase and walking the dog.
Calum Sayer CeMAP
In 2013, Calum graduated with a BSc in Sports Coaching Science from The University of Wales Institute Cardiff. This degree allowed him to combine his love of sports with his natural people skills and as a result, he loved his time at university. After graduating a few jobs followed but in 2015, a friend who was already working in the specialist finance industry invited Calum to an interview where he was offered a position as a trainee specialist mortgage broker.
Over the coming months and years Calum gained CeMAP 1, 2 and 3 and has been part of the specialist finance industry ever since, spending the majority of those years with Truffle Specialist Finance.
Calum has a deep understanding of the specialist mortgage market and prides himself on achieving the best results for his clients.
Calum spends most of his Sunday’s on his local golf course and is a lifelong Manchester United fan.
Edward Smith CeMAP
Edward entered the specialist market 4 years ago, after previously working in telecommunications and the footballing/sporting industry. He started with very limited knowledge of the Specialist Finance industry but has over the years developed key relationships with a wide network of introducing brokers, helping arrange an extensive range of specialist finance options for their clients.
With a focus on excellent service remaining at the forefront, Edward now has a comprehensive understanding of the specialist market. He has a professional approach when dealing with introducers and always maintains the clients’ best interests.
Edward is an avid Liverpool fan but also follows his local side, Cardiff City, when they are winning! If it weren’t for a shoulder and knee operation, he would still play football!
Sarah Stroud CeMAP
Sarah’s first role in Financial Services was back in 1993 when she joined Woolwich Building Society. From there, she has progressed to cover almost all aspects of the mortgage market; first charge mortgage underwriter/mortgage broker/compliance manager, to name but a few.
In May 2013 Sarah joined Pink Pig Loans Limited, the forerunner to Truffle Specialist Finance, as a second charge underwriter and then progressed to the Sales Team end of 2014. Sarah went on to be appointed as a Director in July 2021.
During her down time Sarah enjoys a range of activities and in her own words is ‘addicted’ to spin classes, which she tries to attend three times a week. She has recently joined Penarth Coastguard as a Coastguard Rescue Officer in a voluntary capacity.
In summary Sarah says: “2023 is a big year for me as it coincides with my 10-year anniversary working with James and 30 years in the industry!”.
Nick Johns CeMAP
Nick has worked in the finance industry for the past 14 years, starting his career in intermediary mortgage support for Barclays before moving into the specialist mortgage market in 2012. He’s worked with Truffle Specialist Finance for the past 5 years becoming a director in 2021 and now head up the sales team.
Nick is very driven and focused with a real passion for finding the best resolutions to clients’ complex residential and BTL mortgage applications.
If you’ve dealt with Nick before you’ll know he is very knowledgeable about the specialist market and will always ensure your client is treated with the utmost professionalism.
Outside of work, Nick is a lover of good food and wine, renovating a new house purchase and walking the dog.
Calum Sayer CeMAP
In 2013, Calum graduated with a BSc in Sports Coaching Science from The University of Wales Institute Cardiff. This degree allowed him to combine his love of sports with his natural people skills and as a result, he loved his time at university. After graduating a few jobs followed but in 2015, a friend who was already working in the specialist finance industry invited Calum to an interview where he was offered a position as a trainee specialist mortgage broker.
Over the coming months and years Calum gained CeMAP 1, 2 and 3 and has been part of the specialist finance industry ever since, spending the majority of those years with Truffle Specialist Finance.
Calum has a deep understanding of the specialist mortgage market and prides himself on achieving the best results for his clients.
Calum spends most of his Sunday’s on his local golf course and is a lifelong Manchester United fan.
Edward Smith CeMAP
Edward entered the specialist market 4 years ago, after previously working in telecommunications and the footballing/sporting industry. He started with very limited knowledge of the Specialist Finance industry but has over the years developed key relationships with a wide network of introducing brokers, helping arrange an extensive range of specialist finance options for their clients.
With a focus on excellent service remaining at the forefront, Edward now has a comprehensive understanding of the specialist market. He has a professional approach when dealing with introducers and always maintains the clients’ best interests.
Edward is an avid Liverpool fan but also follows his local side, Cardiff City, when they are winning! If it weren’t for a shoulder and knee operation, he would still play football!