Buy-to-Let Mortgage Criteria
Yes.
No.
Accepted
Yes, if using to assess most recent completed years and sustainability going forward.
Will require an accountant reference and accounts.
Accountants must be a member or fellow of the following Institutes, Associations or professional bodies:
– Member/Fellow of the Chartered Institute of Taxation (CTA)
– Member/Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW) (ACA or FCA)
– Member/Fellow of the Institute of Chartered Accountants of Scotland (ICAS) (CA)
– Member/Fellow of the Association of Chartered Certified Accountants (ACCA or FCCA)
– Member/Fellow of the Chartered Institute of Management Accountants (CIMA) (ACMA or FCMA)
– Member of the Chartered Institute of Public Finance and Accountancy (CIPFA) (CPFA)
– Member/Fellow of the Association of International Accountants (AIA) (AAIA or FAIA)
– Member/Fellow of the Association of Authorised Public Accountants (AAPA)
– Member/Fellow of the Institute of Financial Accountants (IFA) (FFA or AFA)
– Member/Fellow of the Association of Certified Public Accountants (CPA) (ACPA or FCPA).
– Member/Fellow Member of the Association of Accounting Technicians (MAAT or FMAAT).
No.
Not acceptable on BTL basis
Not accepted
The Society can accept 80% of employed income received in the following denominations – Euro, Swiss Francs, US Dollars, Australian Dollars, Canadian Dollars, Danish/Swedish/Norwegian Krona, New Zealand Dollars, Singapore Dollars, Saudi Riyals, UAE Dirhams, Hong Kong Dollars, Kuwaiti Dinar, Polish Zloty, Indian Rupees. The Society can accept 70% of employed income received in the following denominations – Qatar Rials, Hungarian Forint, Japanese Yen, South African Rand, Thai Baht.