Precise announced that we will be refreshing our popular Limited Edition Buy-to-let products in Precise Mortgages. This range is not to be missed with rates starting from 4.79% that are available to landlords looking to purchase or remortgage properties.
Highlights of the new Limited Edition Buy to Let range include:
- New 2 and 5 year fixed rates for purchase and remortgages including debt consolidation up to 75% LTV
- Available to HMOs and Multi Units up to 6 beds – including student lets
- Top slicing available from 110% ICR
- Wimpey no fines & Laing Easiform construction now considered
- Inter-company loans acceptable as are newly formed SPVs
- Non owner occupiers considered (not available to First Time Buyers)
- Properties next door considered
- Let to buy (simultaneous completion) and Let to Live (ability to let whilst moved in with a partner, the BTL needs to have been rented out for a minimum 3 months to consider)
Please note that the limited edition tracker rates, standard product range and Refurb BTL rates remain unchanged at this time.
As always, we would really appreciate your support in promoting these products to your brokers and if there is anything at all you need from a marketing perspective, please let Lisa or Danielle know and they’ll be happy to work with you on this.
If you have any questions regarding the above, please do not hesitate to contact your corporate account manager, or your local BDM.