Limited Company BTL products

Find out more about our dedicated products to help support landlords wanting to invest in BTL within a Limited Company.

Please note applications must be submitted by using our editable application form, handwritten applications will not be accepted.

Key features

  • 125% Interest Cover Ratio (ICR) for Buy to Let (170% for HMOs)
  • Products available up to 80% LTV
  • No requirement for a floating charge
  • Available to Special Purpose Vehicles (SPV)
  • Portfolio landlords accepted.

All Directors/Shareholders must meet our standard lending criteria.

Download our Limited Company product and criteria guide to view our dedicated product range and policy.

How to apply for a Limited Company product

Applications can only be submitted by using our editable Limited Company application form. Please note that handwritten application forms will not be accepted.

You currently can't submit Limited Company applications or obtain a Decision in Principle (DIP) through TMW Online.

  • Please ensure you complete all relevant sections of the form. If information is missing it could delay your client's application.
  • Once completed, please email the form to SCLoansAdmInPBS@nationwide.co.uk

Case tracking isn't currently available for Limited Company applications. To get an update on your case, please call us on 08000 30 40 40.

Underwriting requirements

Our specialist underwriting team will confirm the case requirements when your client’s application is submitted. In most cases, we’ll request:

If you haven't met with the Directors/Shareholders 'face to face' then you'll be required to certify documents used to support your client's application.

If we're unable to verify your client electronically, we'll ask you to provide the Certificate of Incorporation.

We reserve the right to request additional information to satisfy requirements.

Limited Company FAQs

Does the portfolio landlord criteria apply?

Yes, where the Company or its Directors/Shareholders own four or more mortgaged properties (either separately or in aggregate), portfolio landlord criteria will apply.

If my client is a portfolio landlord, will you assess any properties in the background?

Yes, if your client owns properties in their personal name, it must pass 145% rental cover. For properties held in a company, it must pass 125% rental cover.

A stress rate of 4.50% (up to 10 mortgaged BTL properties) or 5.50% (11 or more mortgaged BTL properties) also applies.

What are your evidence requirements if the Directors are providing the deposit?

If your client’s deposit is a Director’s loan, we’ll require proof of source of deposit, in line with our standard requirements.

A gifted deposit from individuals to Director(s) are acceptable, however gifts to the Company are not.

Will TMW require separate solicitors for you and my client?

No, we aren’t insisting on separate representation.

Are the Limited Company products available for additional borrowing?

Currently, we’re only accepting purchase or remortgage applications.

Will you insist on first legal charge?

Yes, we will require first legal charge over the security.

My clients have set up a Limited Company and wish to purchase properties from themselves, is that acceptable?

Yes, applications where the Limited Company is purchasing property from one of the directors are acceptable.

What is the procuration fee for Limited Company cases?

For new applications, we'll be paying an additional 0.10% gross procuration fee for Limited Company cases. This will be payable via your usual Mortgage Club or Network.

Can a loan from another company be used as the deposit?

A loan from another company will not be accepted, however a repayment of a director’s loan or dividend payment from another Limited Company will be accepted.

Useful guides and forms

Please note that handwritten Limited Company application forms will not be accepted.

Limited Company application form
Limited Company product and criteria guide


Deed of Guarantee
Bank statement guide


Gifted Deposit form
Property schedule


We're here to help

We hope we've answered most of your questions, but if you’re still unsure about something, you can contact your BDM or one of our experienced advisers on Broker Chat.