This product is available to a wide range of landlords, from first timers through to those with portfolios, plus ex pats and foreign nationals. Lending can be secured on standard let properties, but could also work for HMOs and holiday lets too*.
Here’s some of the client scenarios we think this product could work for:
- Your client will benefit from the ICR at payrate (from 125%), plus the flexibility to review the rate from year 3, whilst enjoying the security of a fixed rate for an extended period.
- First time landlords purchasing a holiday let or HMO use this product to gain landlord experience required by mainstream lenders in their choice of 2-5 years’ time, but it gives them the ability to add to add either of these to their portfolios.
*Subject to rate loading
TO FIND OUT MORE, OR TO SUBMIT AN ENQUIRY CALL: 01277 508 959
FOR INTERMEDIARIES ONLY