Wednesday, 1 December 2010

Good news for professional landlords

Buy-to-let finance for professional landlords has been somewhat restricted since the beginning of the financial crisis in August 2007. The majority of lenders in the market have imposed lending limits that favour smaller scale landlords and offer criteria that only caters for "simple" buy-to-let propositions.

 Buy-to-let lending in total has reduced by about 85%!

But what about professional landlords who often have complicated financial needs?

We could provide access to a service which has "been designed to specifically cater for professional landlords". "Including: tracker rates starting from 4.30% and fixed rates from 5.30%".

Lending criteria include professional landlords facilities,such as limited company lending,  multi-unit blocks, student lettings and Houses in Multiple Occupation and a maximum loan per property of £2 million and aggregate lending on a portfolio of up to £5 million.

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