Feature of the Week

Enhanced BTL stress rates with reduced pricing across both Residential and BTL Ranges

We have listened to your feedback and made several enhancements to our buy to let offering, as well as reducing price across all Residential and Buy to Let Ranges.

So what’s new?

Buy to Let

• Enhanced stress rates, including Top Slicing:
• 2 year fixed – 140% @ pay rate + 2%
• 5 year fixed & pound-for-pound remortgages – 140% @ pay rate + 0.5%
• Use of Earned Income (Top Slicing) – 100% @ product selected, as above
• Visit our updated Rental Criteria Guide for full details.

Our Buy to Let calculator has been updated in line with these enhancements - use our Buy to Let calculator to find out how much your customer could borrow.

• Dual product options are now available on the BTL range, to provide you and your customers with increased choice. Rates now start from:
• 2 year - 4.79% with a 4% fee or 5.79%, with a £1,999 fee
• 5 year - 4.99% with a 4% fee or 5.49%, with a £1,999 fee

Residential Pricing

• Rates reduced by between 0.3% - 0.7% across both the New and Existing Customer Ranges

For full details on the points above, please refer to our Lending Criteria Guide and Product Guides. Download our updated Packaging Checklist.