The pick of our products this month is available to new start-up SPV limited companies.
- Lending to 65% LTV – 5 year Fixed Rate at 3.19%
- Lending to 75% LTV – 5 year Fixed Rate at 3.44%
- The product carries a 2% lender arrangement fee that can be added to the loan.
- Maximum borrowing is calculated on 125% at payrate.
The lender does not have a minimum income requirement for the directors and will consider those that have been employed and self-employed for a short period as long as some income can be evidenced.