The Buy to Let is currently awash with options so it would be easy to miss out on this gem.
Where this product is different is there is no extortionate lender fee attached to produce a good rental calculation.
As well as no lender arrangement fee the product also includes a free basic mortgage valuation and £250 cashback.
Qualification rules:
- Professional Landlords i.e. have 4 or more mortgaged buy-to-lets.
- First time landlords buying under a limited company with UK directors.
- Remortgages.
- Property to be let to a single family.
- Minimum earned income £25,000pa.
- Loan sizes:
75%LTV to £750k.
70%LTV to £1m.
65%LTV to £2m. - Minimum loan £30k.
- Maximum mortgaged portfolio size £5m.
- Properties must have a minimum Energy Performance Certificate Rating of E, unless there is an applicable exemption.
- You or immediate family CANNOT have lived in the property i.e. Consumer Buy-to-let.
- England, Wales and Scotland.