We are pleased to confirm that we have enhanced our Buy to Let Mortgages criteria to accept first time buyers who want to invest in the property market. This change is live with immediate effect.
To complement this launch we have updated our criteria guide and created a new ‘What you need to know about’ document that provides an overview of the criteria associated to this change (both are attached for you reference). In summary:
- Up to 75% LTV available (dependent on specific product limits)
- Same rates available as those in our core Buy to Let Mortgage range (from 3.19%)
- Customers with a less that perfect credit profile accepted
These documents can also be found on our website using the following links:
00834 Buy to Let Mortgages criteria guide
01878 What you need to know about… document
