Financing
Portfolio Landlord
Landlord with 4+ mortgaged properties
Full Definition
A portfolio landlord is defined as having four or more mortgaged buy-to-let properties. Lenders apply additional underwriting criteria including review of entire portfolio's performance, stress testing, and business plans. This can make financing more complex but doesn't prevent continued investment.
Related Terms
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Analyse a PropertyMore Financing Terms
LTV (Loan to Value)
Mortgage amount as percentage of property value
ICR (Interest Coverage Ratio)
Rental income compared to mortgage interest payments
Bridging Loan
Short-term finance for quick purchases or refurbishment
Remortgage
Replacing existing mortgage with new one
Equity
Property value minus outstanding mortgage
Leverage
Using borrowed money to amplify returns