Great news — we have now officially launched our BTL product!

I’ve attached our product guide and full criteria, but I’ve also highlighted some of the key USPs below:

• Foreign Nationals – no premium on rate
• Semi-Commercial – up to 50% commercial with no premium on rate, max 70% LTV
• Deferred Interest – up to 1% per annum
• Top Slicing – rent to cover 90% of DCSR
• Refurbishment Works Permitted – self-funded works up to 10% of market value
• Six-Month Letting Window
• 80% Gross LTV – max 75% net
• Rates from 6.59% p.a. – 2- and 5-year fixed-rate options
• 25-Year Terms
• MUFBs, Large HMOs & Portfolios – all loaned on one application
• AVM & Remote Valuations
• Fast Underwriting Process

We’re now accepting business, so if you have anything on your desk that you think could fit, please send it over and I’d be more than happy to take a look.

It would be great to get some business through the door and put the new product to work!