We’ve decreased our Buy to Let (BTL) stress rate from 5.5% to 4.5%. The changes apply to purchase and re-mortgage with capital raising borrowers, who want to fix their mortgage for 5+ years.
Landlords will benefit from a greater borrowing power giving them more lending options and improve access to our attractive 5 year products. We hope this will provide longer term support and stability in an ever-changing market.
To find out more about the changes we’ve made and our BTL range follow the link below.