Advance notice of Buy-to-Let product changes
We have today given brokers advance notice that we are making several changes to our range of Buy-to-Let products.
With effect from tomorrow, (00:01 Wednesday, 9 September 2020):
- Buy-to-Let rental rates will be increasing by 0.55%
- Maximum FTV will be reduced to 65%
- Minimum finance amount is increasing to £250,000 per property
- Finance for new build flats will be reintroduced
In addition, due to significant demand for our current products, any existing Buy-to-Let DIPs that you wish to progress, must proceed to a fully packaged application and be received via our online application system by 11.59pm on Thursday, 10 September 2020.
Our teams remain available to deal with your queries via phone and email, details of which can be found here.
Thank you for your continued support.