In case you missed it see Family BS newly released LIMITED EDITION 5yr fixed personal BTL product that we launched. (Full details below)
Please note: there is a limited tranche of funds for this product. Once it’s gone, it’s gone! Funds are only reserved upon a full application.
If you have any cases you wish to discuss, please do get in touch.
Limited Edition Product Details:
BtL UK Landlord 5 Year Fixed Rate (Product code XF0899) 65% LTV- NOW 4.59%
- No Product Fee
- No Application Fee
- Free valuation for properties up to £500,000
- Discounted valuation for properties more than £500,000
- Minimum loan amount of £45,000
- Maximum loan amount of £750,000
- £500 cashback for remortgage applications.
BTL USP’s for this product:
- Max age 89 at application
- No minimum income criteria
- No maximum portfolio size with other lenders
- No background stress on their portfolio
- Max 4 applicants allowed
- ICR Calculations on this product (irrelevant of clients own personal tax bracket)
£4£ Remo – 130% x 4.59%
Capital Raising/Purchase – 145% x 4.59%
Other USP areas:
Residential USPs.
Up to age 95 at the end of the term for a residential C&I mortgage. (multiple retirement incomes considered)
- Up to 4 applicants on a mortgage, multiple incomes considered.
- JBSP available to family members
- Interest Only
Up to 80% LTV with Repayment Vehicle
Up to 70% LTV with Sale and downsize (subject to sense check)
No min income requirement
- 95% LTV* Family Mortgage
- Self Employed – Salary and Share of Profit Considered
- Rental Income Considered for residential affordability
- SIPP Pensions – we assess the FUND VALUE for use in affordability. (contact me to discuss in more detail)
Additional BTL USPs on other products:
- MUFB considered
- BTL offset Available
- LTD Company with 8 directors
- ExPATs allowed in over 40 countries. (including Europe!!)
Nathan Waller
Business Development Manager
M: 07387040895