HPP and BTL rate reductions for UK residents
We have reduced rates across selected Home Purchase Plan (HPP) and Buy-to-Let (BTL) products for UK residents. This includes Green products, SPV Limited Companies, HMOs and MUFBs.
What are the changes?
- HPP 2 and 5-year UK Resident products at 65% and 80% FTV reducing by 0.10%
- BTL 2 and 5-year fixed rate UK Resident products at 65% FTV also reducing by 0.10%.
New starting rates now available:
- HPP UK resident 2-year fixed rental rates from 5.99%
- HPP UK resident 5-year fixed rental rates from 5.95%
- BTL UK resident 2-year Green fixed rental rates from 3.74%
- BTK UK resident 2-year Green HMO/ MUFB fixed rental rates from 3.89%
View the full product range for new and existing customers here and our current service levels here.
***Don’t forget – UK payment account now available for your overseas customers***
Your customers residing overseas can also apply for a UK payment account with Algbra as part of their Buy-to-Let application – all in one place, with no extra steps.
Need a refresher? We’ve got guides to help:
- Intermediary information guide - includes a step-by-step guide other key detail
- Customer information guide – prepared for you to share with your customers.
As always, if you have any questions or need any additional information, your Gatehouse Bank Business Development Manager is here to help.
Thanks for your continued support. We hope these changes make a real difference to your customers.