Today I am delighted to announce updates to our Buy-to-Let product range, which gives your clients more choice for their next buy to let loan.
As well as increasing LTVs and loan limits, we now lend on student lets and to first-time landlords.
See all of the details on our updated product page, where you can also get an instant quote.
Our range now includes include:
- Up to 80% LTV on standard properties for loans up to £500k
- Up to £1.5 million max loan sizes for standard properties
- MUFBs up to £3 million and 75% LTV
- Reduced fee on small HMOs up to 6 rooms
- Funding for student let HMOs up to 6 rooms
- Funding for first-time landlords
- Max LTV for new-builds has increased to 75%
- £500 cashback on legal fees on certain five-year products
- £200 cashback on all applications where Open Banking is used
- £150 valuation fees
- Low rates starting from 2.99%
If you are ready to submit next your deal, get an instant DIP by logging in to your broker portal.
You can also get an instant quote on our Buy-to-Let page, or download our criteria guide for all of the necessary updates. To get your offers quickly, make sure your case is packaged correctly by looking at our packaging requirements.
Please call your local BDM if you want to discuss cases in more detail.
We look forward to working with you soon.
Andy Virgo
Director – Buy-to-Let