Axis Bank: UK product withdrawal

Axis Bank UK is conducting a strategic review of its buy-to-let mortgage operations.

Accordingly, and until further notice, Axis Bank UK has decided to suspend origination of new buy-to-let mortgages with effect from 5:30 pm GMT on Friday 14 February 2020. No new mortgage applications shall be accepted after this time. Further, please note the below deadlines:

Last day for submission of new Decision in Principles: Wednesday 12^th February 2020 (close of business) and application be must submitted immediately upon acceptance.

Last day for submission of new Applications: Friday 14^th February 2020 (close of business)

This suspension shall have no impact on existing mortgage customers. The Bank will as always ensure that appropriate standards of transparency and fairness are maintained in dealing with all its customers, and we will keep you informed of further developments following the completion of the strategic review.

Thank you in anticipation for your support in submitting applications within the deadline. If you need any assistance, please call your Key Account Manager or the BTL Office on 020 73972531

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Axis Bank: UK product withdrawal