We recently launched new competitive Buy to Let special products* which will only be available for a limited time.
- 60% LTV, 2 year fixed Buy to Let, 1.94%, 1% product fee – purchase and remortgage
- 75% LTV, 2 year fixed Buy to Let, 2.29%, 1% product fee – purchase and remortgage
Why use Santander for your BTL cases?
1. Minimum 125% rental coverage at 5% up to and including 60% LTV and then at 5.50% over 60% LTV and up to 75% LTV
2. Our simple BTL calculator tells you how much your clients can borrow checking it fits our minimum rental coverage and that the property is self-financing
3. Our current average BTL offer time is 9.9 days, that’s great service!
4. We offer a free standard valuation for mortgage purposes on all purchases and remortgages as well as £250 cashback for remortgages. Overall, a very competitive range
5. We consider BTL remortgages with capital raising for personal use up to 75% LTV – including debt consolidation
Remember, when sourcing our BTL remortgage products please don’t select the ‘free legals’ option on the sourcing system as our products will not appear. We offer a cash back instead of free legals.
Please call your dedicated contact to discuss any BTL clients you’re looking to help this week.
Kindest regards
Santander for Intermediaries
*For full details of all of our latest mortgage rates please visit our website.
Aimed at intermediaries and investment professionals only: Not for public distribution
