Semi-exclusive Buy-to-let RATE REDUCTIONS

by | Oct 4, 2023 | Products

This new range of products have a unique specialist buy to let proposition aimed to provide a broader suit of criteria, beyond that typically catered for in the specialist buy to let market. The range comprises of an additional layer of landlord requirements and property types, to include extra-large HMOs, semi-commercial property, holiday lets utilising holiday let income and properties requiring large loans or portfolios over £5 million.

This semi-exclusive range opens up wider finance options for landlords to purchase or remortgage more niche property types, without using more costly commercial lending options.

 

Key Features:

  • Large Portfolios and Large Loan products reduced by up to 1.10%, with rates now starting from 6.99%
  • Holiday Let 5 Year Fixed rate reduced by 0.80% now at 7.04%
  • 2 and 5 Year Fixed rates for Large HMO reduced by up to 0.70% with rates starting from 7.14%
  • Semi Commercial 2 and 5 Year Fixed rates reduced by up to 0.70% with rates now starting from 7.24%
  • NEW 2 Year Discount rates for Large HMO, Semi Commercial and Holiday Let products with rates starting from 8.09% and no ERCs
  • NEW 2 and 5 Year Expat products added to the Large HMO, Semi Commercial and Holiday Lets ranges with rates starting from 7.14%

 

 

Get in touch today to find out more –
 helpdesk@brightstarfinancial.co.uk

 

Product information correct as of 04/10/2023. For intermediaries only.

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