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MT Finance has launched a brand-new Buy to Let mortgage range, which is only available through a select group of packagers. With a 125% income coverage ratio, first time buyer and up to 4 applicants. MT Finance have a compelling BTL range.
Product Highlights:
· Impact Packaging offers a 0.45% proc fee for MT Finance BTL cases
· 5 Year fixed rates starting from 4.99%
· Available up to 80% LTV
· Maximum loan size £2M
· Available for Individuals, Corporate Borrowers, and Expat Borrowers
Accepted Criteria:
· Secured & Unsecured Arrears: No more than status 2 in the last 36 months
· Minimum 28 sqm
· Tenancies of up to 36 months
· Holiday Lets
· HMO & MUFB: Available up to 10 bedrooms/units
· Ex Local Authority properties
Download MT Finance's latest product guide
Take a closer look at MT Finance's new Buy to Let product range, and view their Buy to Let criteria to help place your clients' BTL case.
Have a case you would like to discuss?
Call the impact packaging team now on 01403 272625