State Bank of India are offering competitive interest rates on its Buy to Let propositions.
Individual rates start from 2.09% whilst rates for SPV applications start from as little as 2.79%
USP’s for the client
- Loans up to 75% LTV
- We accept newly incorporated Ltd/LLP
- Individual to SPV transfer
- Maximum exposure with SBI is 25 properties but the client can have unlimited exposure elsewhere
USP’s for the broker
- Comparative Procuration fees paid
- Designated case handler (No call centre)
- Comprehensive DIP assessment generally within 24 hours. That means subject to Valuation and the bank receiving from the client all the information requested on the DIP. State Bank of India will honour the loan.
If you have any questions or for further information please contact any of the following people at State Bank of India.
- Raj Kang – 01902 716 050 (option 4)
- Sabhia Moghal – 07949 097171
- Kal Nahal – 07432732984 or 01902 719 804
