Introducing our latest buy to let products
We’re excited to announce that we now accept HMOs with up 20 bedrooms for professional landlords looking for larger investment and diversification finance opportunities.
This is backed up with new 70% LTV limited edition products and reduced rates in our core buy to let range.
NEW! Up to 20 bedroom HMOs now accepted
For HMO up to 6 bedrooms, ICRs are based on 125% for limited companies and 140% for personal ownership. For large HMOs up to 20 beds, ICRs are 145% for limited company and 175% for personal ownership.
Remortgages are accepted within 6 months of valuation if improvements have taken place.
NEW! Reduced buy to let rates
New 70% LTV limited edition products featuring:
| 2-year fixed
4.59% with 5% product fee |
5-year fixed 5.09% with 7% product fee |
Plus rates reduced across our core range.
| Limited edition products → |
Don’t forget… short-term fixed rate affordability is stressed at payrate plus 1.55% for new purchases and just payrate plus 1.05% on £ for £ remortgages.
If you have any questions, please speak to your business development manager, or contact our broker liaison team on 01634 888276 or using Live Chat and we’ll be happy to help.
Product information correct 17/11/2023.