Inter-Sibling Lending Solution for A Buy to Let Property

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Friday September 21, 2018

Are you seeking a buy to let mortgage, but have a complex income structure? We have the banking contacts to provide a tailored solution where other lenders may not be able to help. To discuss this or any other large or complex mortgage case, please contact us on 020 7519 4984 or email us.

Case Profile

As a specialist mortgage broker, we often find clients come to us when other lenders or brokers have failed to find a suitable solution. In this case, our client had been let down by a broker who failed to proceed with her case because she was looking to buy a property from a sibling.

The agreed sale price of the buy to let property was £1.9 million. Our client did not have an income and was looking to refinance an existing property to help towards the cost of the purchase. Therefore, our team needed to find two products; one to help with the refinance and one which could offer a high enough loan on a pay rate basis, based upon the rental income being achieved.


Our mortgage specialist analysed our client’s particular situation and approached a trusted lender who they knew would be willing to take on the case.

The lender was happy to accommodate our client and arranged a buy to let mortgage, which was calculated at pay rate in order to offer the required loan. The lender had no objection to the inter-sibling lending and accepted to refinance her existing property as she was able to prove rental income, demonstrating that the property would continue to be rented out as it was on a long-term assured tenancy agreement. Additionally, the lender accepted a re-type of the original valuation, which saved the client considerable extra cost.

The client was relieved to have found a solution and delighted with the interest rate and terms secured.

Deal Highlights

Loan amount:£910,000 (across 2 properties)
Rate:3.69%, 5 year fixed rate
Term:20 years
Type:Interest Only
Loan purpose:Purchase and remortgage



This case study is for information and illustration purposes only. It is not an offer, or suggestion of an offer. Each mortgage case is assessed on an individual basis and there is no guarantee that the solution described here can be repeated in the future.

Please note that this specific deal may not be available to Рor suitable for Рall customers, dependent on their individual circumstances. The rate quoted may become out of date at short notice and may not be available at the point at which customers enquire about it. This document may not contain all the information needed for customers to make a decision and they should seek advice.

Overall cost for comparison 5.04% APRC representative variable based on 60 payments on a fixed rate of 3.69% Plus Bank of England Base Rate followed by 180 payments at a variable rates, currently 5.20%. Because all, or part of, the mortgage is currently, or will revert to, a variable interest rate mortgage, the actual APRC could be different from this APRC and the payments could increase, if the interest rate of the loan changes. The actual rate available will depend on your circumstances. Ask for a personalised illustration.

Your home or property may be repossessed if you do not keep up the repayments on your mortgage. Changes in the exchange rate may increase the sterling equivalent of your debt.

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Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Changes in the exchange rate may increase the sterling equivalent of your debt. You may have to pay an early repayment charge to your existing lender if you remortgage. Think carefully before securing any other debts against your home. is a trading name of Ltd, Aegon House, Ground Floor Suite, 13 Lanark Square, London, E14 9QD authorised and regulated by the Financial Conduct Authority (FCA). Our FCA registration number is 302228 and can be viewed by visiting the FCA website: The FCA does not regulate tax advice or some aspects of commercial, buy to let, overseas mortgages, bridging finance, finance and asset lending. Ltd is a licensed credit broker, and not a lender. Ltd Registered in England and Wales No: 5070990 Registered Address: As above. The guidance and advice contained within the website are subject to the UK regulatory regime and is primarily targeted at UK customers. Calls may be recorded for training and monitoring.
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