A new build property can sometimes be a great opportunity for a buy to let landlord. With products designed specifically for buy to let purchases and a priority processing service in place, we can help make that deal happen.
Let our Packager Panel do the work for you.
You can submit a residential or buy to let mortgage to us direct or alternatively you can introduce a case to one of our packagers.
BBR Trackers and reversion rates are variable rates that are linked to the Bank of England base rate. For new applications, any change to BBR will apply on our systems and documentation the next day. For existing accounts, any change to BBR will apply on the day of the change.
All of our BBR tracker products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00% plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
In these difficult times we won’t be publishing SLAs but we will be working on applications and documents as quickly as we can.
As soon as we start to see processes stabilise we will publish SLAs.
We expect to be able to process all applications and documents within 72 hours but valuations may take a little longer.