The Society recently launched a Buy-to-Let (BTL) 5-year fixed rate at 5.65%, designed specifically for limited companies allowing top-slicing. This product offers a unique solution to affordability challenges faced by incorporated landlords in the current high-interest-rate environment.
Product details
Supporting landlords with top-slicing
With rental income often failing to meet minimum affordability criteria, particularly given recent economic pressures, our top-slicing allows landlords to use personal disposable income to bridge any rental income shortfalls, providing a practical and innovative solution.
The Society takes into account the landlord’s wider financial picture—including earnings from other properties, investments, and business interests—to ‘top up’ the rental income and meet the mortgage affordability requirements.
We are still supporting non-incorporated BTL landlords with our existing 5-year fixed:
Laura Sneddon, Head of Mortgage Sales at Hinckley & Rugby, explained:
“Top-slicing is a flexible tool that helps incorporated landlords overcome the affordability hurdles presented by today’s challenging buy-to-let market. By factoring in a landlord’s overall income, we are providing a cushion that supports both the borrower and lender in feeling secure about the mortgage.”
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Speak to us
Our dedicated Business Development team will be happy to speak to you about any cases you have, explain how our specialist products and flexible criteria can benefit your clients, or answer any questions you have about our Mortgage Referrals Committee. Get in touch on 01455 894 084. Or send us a message on our Live Chat, our response time is often only seconds!
Please note product details and criteria are correct at launch and are subject to change.
