QML + is Quantum’s flexible buy-to-let solution designed for first-time landlords and experienced landlords.
Interest Rates
|
Rate Type |
Arrangement Fee |
Up to 75% LTV |
Reversion Rate |
ERC |
|
5 Year Fixed |
2.25% |
8.60% |
BBR + 4.5% |
5/4/3/2/1% |
|
5 Year Fixed Special |
5.25% |
8.00% |
BBR + 4.5% |
5/4/3/2/1% |
Maximum Loan by Property Type
| Maximum Loan by property Type | Up to 75% LTV | Notes |
| Standard Single Unit Houses & Flats (including New Build and & Ex Local Authority Flats and Houses) | £1 Million | Min 85 years remaining on leaseholds at end of term |
| House in Multiple Occupation (HMO) | £2 Million | No maximum number of rooms |
| Multi Unit Freehold Block | £1 Million | Maximum 10 units on one freehold title |
QML + Specific Criteria
| ICR Requirements | 125% for Limited Companies and lower rate tax payers. 145% for higher / additional rate taxpayers. ICR Assessment using payrate. Rental value of residential units only used for calculation. Background portfolio (=+4 properties) to exceed 100% coverage at 6%. |
| Loan size | Minimum Loan: £100,000. |
| Landlord Experience | First Time Buyer / First Time Landlords accepted. Experienced Landlords are also accepted. |
| Property Types | Standard construction and immediately lettable, Houses of Multiple Occupation with any number of rooms (with licence where required), Multi Unit Freehold blocks up to 10 units, Ex Local Authority where private ownership is at least 25% of block or estate, Ex Local Authority flats up to 5 floors without deck access, Usage class to be either C3, C4 or sui generis with no restrictive covenants, Flats with a minimum of 25 SQM (unless part of a MUFB where there is no minimum) |
| Lending Area | Mainland England & Wales. |
| Tenancies | Standard APT or Common Law tenancy up to 36 months including shared houses. Corporate lets up to 5 years. Rental demand to be at least stable. |
| Min / Max Age | Minimum age 18, Maximum age 95 and end of term. |
| Minimum Income | No Minimum Income. |
| Max borrow exposure | £10 Million per borrower (SPVs count towards max borrower exposure). |
| Property exposure | Maximum 20% of any block. |
| Credit profile | Up to £2500 of satisfied CCJs in past 24 months. Max 1 missed mortgage/loan payment or default in last 24 months (0 in 12). Satisfied CCJs, Defaults or missed payments over 24 months ago can be disregarded. |
| Limited Companies | Must be a non-trading SPV with sic code 68100, 68201, 68209 or 68320. Combined shareholding of 100% to be included on application. All applicants to provide a Personal Guarantee. |
| Solicitor Information | All solicitors must meet the following criteria or be approved by the credit committee: Be authorised and regulated by the Solicitors Regulation Authority and registered with the Law Society Hold a relevant accreditation Have at least 3 SRA registered Managers in the practice |
Please refer to the product guide for the full generic criteria guide for all products here
Product guide 13/03/2026 v88