New and improved products

Buy to Let changes, new products and withdrawals

From 13 July 2011 our Buy to Let product range will be enhanced with the launch of new 2 year tracker rates starting from 2.99% and reductions of up to 0.40% across the existing range of 2 year fixed and tracker products.

Scroll down to see the key changes and new products, or download our guide to see all of the changes to our range.

Buy to Let
Download BTL Product Guide

New Products

  • 2.99% 2 Year Tracker (BBR+2.49%), up to 65% LTV, 3.50% fee 
     
  • 3.29% 2 Year Tracker (BBR+2.79%), up to 75% LTV, 3.50% fee 
     
  • 4.29% 18 Month Fixed, up to 75% LTV, 2.50% fee 

Key Changes

  • Selected rate reductions of up to 0.40% across 2 Year products
  • Switch to Fix facility now available on all trackers across all BTL categories
  • New build flats now accepted up to 65% LTV (based on second hand value)
  • Improved Lifetime Variable products, with arrangement fees starting from £999

Withdrawals

  • All Limited Company products will be withdrawn with effect from 31 July 2011
  • All Further Advance products for existing Multi Property Portfolios (where rental income and LTV is averaged across the portfolio) will be withdrawn with effect from 31 July 2011


Securing current products
If you would like to secure any of the current products, please ensure that any DIPs are completed via TMW Online by 1pm 12 July 2011. Any DIPs must be progressed to full mortgage application by 8pm 12 July 2011. Please note that faxed DIPs will not be accepted. Please use TMW Online for all DIPs. Paper applications, where applicable, must be postmarked up to 12 July 2011.

Paper applications for Limited Companies and Multi Property Portfolios must be postmarked up to 31 July 2011.

There is no booking system in place for these products.

Need to get in touch?
For literature requests, products and lending criteria information call:
0845 601 0763 - option 1

For a decision in principle and case updates call:
0845 45 45 400

Lines are open Monday to Friday 9am - 5pm