We have made some changes to selected Buy to Let products. These include:
- Increase in minimum loan size to £100,000 on all limited edition products that are currently at £25,001 – see attached list of product codes
- Increase in minimum loan size to £100,000 (from £25,001) on the ‘ideal for portfolio’ products – codes UBI16 (Core) and LTC11 (Ltd Co)
- The change in loan size means withdrawing and then launching new product codes for the affected products
Please note that there will still be products available in the standard range with a minimum loan size of £25,001.
It may also be helpful to note that the 3.39% 5-year Fixed with £3,995 which has a minimum loan size of £300k is not being changed. Additionally, there are no changes being made to any Buy to Let exclusive or shared exclusive products.
We hope you will agree that landlords will still be able to benefit from great products and our wide BTL proposition that now also allows top slicing across the whole range.
For more information download our key information sheet.