Fleet Mortgages is a broker-only buy-to-let specialist covering standard, limited company, HMO and multi-unit lending, with no minimum income requirement on many products — which suits contractor-landlords whose day rate is real but whose drawings are tax-efficient. Assessment rests on rental coverage, not personal earnings.
| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Contract / manual assessment |
| Day-one lending | Case-by-case |
| Minimum history | Flexible |
| IR35 (inside) stance | Contractor-friendly assessment |
| Umbrella accepted | Yes |
| Limited company | Yes |
| Gaps between contracts | Flexible |
| Adverse credit | Structured–moderate considered |
| Underwriting | Manual |
| Broker access | Intermediary |
Many Fleet products carry no minimum income requirement, resting on rental coverage instead — useful for tax-efficient contractor-landlords. The exact position per product is confirmed live at application.
Yes — SPV and limited company BTL is core, alongside standard, HMO and multi-unit lending. Specifics are confirmed at application.
Primarily on rental coverage (ICR) rather than day rate; where personal income is needed, contractor income is evidenced appropriately.
No — Fleet is broker-only. As a whole-of-market broker we can place your case with it.
Yes — HMO and multi-unit property sit within its specialist BTL range. Specifics are confirmed at application.
Speak to our contractor mortgage specialists to check live Fleet Mortgages rates and verify your borrowing capacity.