Axis Bank has today reduced the fixed rates on a number of their 2, 3 and 5 year products with the 5 year fixed now only having ERC’s in the first 3 years.
With the 5 year fixed rate products the rental stress is based on 125% of the fixed rate.
All products are showing under 3mc on all major sourcing systems.
Reasons to use Axis Bank :-
- Standard & Specialist BTL range
- Specialist range ideal for HMO’s, Ltd Co’s, Ex Pats, Multi units one title and multi tenanted properties
- No minimum personal income requirements
For further information and to obtain a lender DIP visit the 3mc website www.3-mc.com or call the specialist mortgage desk on 0161 962 7800.
