Buy-to-Let Eligibility
StrideUp’s Buy-to-Let Purchase Plans combine modern property finance with Islamic principles, offering investors, landlords and SPVs a transparent and ethical route to expand their portfolios.
We take a fair and practical approach to eligibility, considering real-life situations like self-employment, second jobs, or gifted deposits from family and friends. Book a call with a StrideUp specialist and see if you’re eligible.
Important information
These criteria are a helpful overview but not exhaustive. Your eligibility depends on several factors including your income, credit history, property type and deposit amount. We review every application with care to make sure it’s affordable, sustainable and aligned with our values.
Personal / SPV eligibility
- Open to individuals, joint applicants (up to four), and UK-registered SPVs set up solely for property investment.
- You must be at least 18 when you apply, and your plan must finish before you turn 75.
- We accept first-time landlords. However, if you’re applying for Houses in Multiple Occupation (HMO) or Multi-Unit Freehold Blocks (MUFBs), you’ll need at least one year of prior landlord experience.
- We consider employed, self-employed and contractor income, including second jobs.
- If you are a British Expat, you must hold a UK bank account and be able to show an active UK bank account and financial credit footprint.
- The property rental income must meet our affordability checks.
- Your deposit can come from savings, a gift, inheritance, company funds, or verified overseas sources, as long as you can clearly evidence the proof of source of funds.
- Certain benefit income can be included when assessing affordability, such as child benefit, disability or carers allowance, and tax credits.
- We assess credit history with flexibility, having past arrears, settled CCJs, or an older IVA doesn’t automatically disqualify you. Each Buy-to-Let application is reviewed on its individual merits and financial background.
Financial criteria
Finance-to-Value (FTV)
- Up to 80% FTV (to £750,000 property value).
- Up to 70% FTV (to £1 million property value).
- Up to 75% FTV for HMOs and MUFBs.
Your finance ranges from £50,000 to £1.5 million per property, or up to £2 million across a portfolio with StrideUp.
Property requirements
- The property must be located in England only.
- Residential Buy-to-Let homes, or HMOs (up to 6 rooms), or MUFBs (up to 5 units on one title).
- Standard construction and leasehold with at least 85 years remaining.
- We can accept builder’s deposit or incentives up to 5% of the property value.
- No defective materials, mobile homes, or retirement homes.
Think you might be eligible?
Talk to a StrideUp specialist and see if you’re eligible.
