Limited Edition BTL Products from Castle Trust Bank

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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