Buy to Let max LTV has increased from 70% to 75% for remortgage.
Regulated First charge max LTV has increased from 70% to 75% for first charge remortgage.
View the product guide here.
Other updates
Buy to Let rates reduced: now from 8.54% with a 2.5% product fee.
Multi-Unit Freehold Block (MUFB) limit increased: up to 30 units now eligible (previously 10). Non-incorporated clients benefit from:
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- Affordability based on rental and personal income.
- Access to lower rates.
Dual representation now available in Scotland:
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- Applies to unregulated loans up to £500k on residential property.
- Speeds up legal process and completions.
View the product guide here.
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