| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Rental coverage (ICR) |
| Day-one lending | N/A — BTL, rental-assessed |
| Minimum history | Portfolio/experience-based |
| IR35 (inside) stance | N/A — assessed on rental, not day rate |
| Umbrella accepted | Personal income accepted where required |
| Limited company | Yes — SPV and limited company BTL |
| Gaps between contracts | N/A — rental-assessed |
| Adverse credit | Clean credit preferred |
| Underwriting | Hybrid |
| Broker access | Intermediary only |
Yes — SPV and limited company BTL is core, including HMOs and multi-unit freeholds. Exact terms are confirmed live at application.
On rental coverage (ICR) rather than day rate; personal contractor income is evidenced where the case requires it.
No — Landbay is broker-only. As a whole-of-market broker we can place your case.
Yes — HMOs and multi-unit freeholds sit within its range. Specifics are confirmed at application.
Its technology-led process aims for speed, which helps time-sensitive BTL cases. Specifics are confirmed at application.
Speak to our contractor mortgage specialists to check live Landbay rates and verify your borrowing capacity.