Changes to Rental Rates, UK Expat and International products and stress test rates
Our new product range is now available. We have today increased rental rates across our entire range of Buy-to-Let (BTL) and Home Purchase Plan (HPP) products by 0.50%. We are also increasing the ‘stress rate’ across all BTL and HPP products by 0.50%.
As part of these changes we have also withdrawn all 2 year BTL and HPP fixed term products for UK Expat and International residents. Five year fixed term products are still available.
In addition, for all HPP products, the maximum term has increased to 40 years, from 35 years previously.
Please note that all existing fully packaged and signed Applications we received by 11.59pm on 18 July will be honoured on current terms for as long as they remain valid and on the same property.
Our product range is available to UK residents, UK Expats, International residents and UK registered corporate entities looking to purchase or refinance property in England and Wales. Our full range of products can be found here.
If you have any queries or require further information our team remains available via phone and email, details of which can be found here.
Thank you for your continued support.