BTL Policy Quiz

How many BTL's does a customer need to have to be classed as a portfolio landlord?

• 4 or more mortgaged BTL's

• 3 or more mortgaged BTL's

• 5 or more mortgaged BTL's

• more than 4 mortgaged BTL's

How many BTL's can a customer have with us, either owned jointly or solely?

• 4

• 10

• 5

• 7

How many BTL's can a customer have individually mortgaged with any lender in any one FULL POSTCODE

• 5

• 10

• 3

• Doesn't matter to us

What is the maximum number of BTL's a customer can have in their portfolio?

• 10

• 15

• 5

• No limit

A first time landlord is allowed to let out the property to students or have it as a HMO

• True

• False

Experienced landlords can let out as a HMO where its not mandatory

• True

• False

Who would a landlord not be able to rent their property to?

• A family with 3 children

• A sole person

• DWP/DSS Tentants

• Family

At what point does a high-rise block of flats need a working lift?

• when it exceeds 10 floors

• when it exceeds 5 floors

• It doesnt need one

• must always have one

What is the minimum floor space we can accept?

• 25 square meters

• No minimum

• 30 square meters

• 55 square meters

Which of these would we not allow on a BTL property?

• If the applicant intends to reside in the property in the future

• more than 1 working kitchen

• New builds bought off plan

• BTL's held in LTD companies