On today’s Kick Off the Week meeting, Castle Trust Bank announced the release of 3 new Limited Edition BTL products that are semi-exclusive to Connect. Here is a brief rundown of some product features with rate cards attached.
Product Overview
- ICR Calculations 125% Basic Rate taxpayers / Ltd Co at payrate – 145% Higher Rate taxpayers at Payrate
- Max term 10 years
- Minimum loan £150k, Maximum £2m
- Interest only
- Residential property only: BTL, Holiday Lets, MUB’s, Multiple Properties on one title, HMO’s up to 6 beds, Portfolios
- Clean credit required
- Dual representation on loans up to £2m
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