Great news, from Friday 4 December 2015 Santander for Intermediaries launched new percentage fee 60% and 75% LTV Buy to Let products are available for purchase and remortgage.*
- 1.99%, 2 year fixed, 60% LTV, 1.5% booking fee
- 2.54%, 2 year fixed, 75% LTV, 1.5% booking fee
- 3.64%, 5 year fixed, 75% LTV, 1.5% booking fee
These new percentage fee Buy to Let products will be available for a limited time only.
Key Highlights of our Buy to Let proposition:
- 125% rental cover based on 5% affordability rate
- Our BTL calculator quickly lets you know how much your clients could borrow in just three easy steps
- Free standard valuation (up to £2.5m property valuation)
To help speed up offer times, all Buy to Let purchase and remortgage applications with a free standard valuation have the valuation instructed when we initially set up the case. For all applications set up by 4pm, we will instruct the valuation straightaway. For cases set up after 4pm, the valuation will be instructed the following day.
Please call your dedicated contact to discuss any Buy to Let clients you are currently looking to find a new mortgage deal for.
Santander for Intermediaries
* Please refer to santanderforintermediaries.co.uk for full details of all products available
