TAB, the real estate finance and investment house, has launched its new residential investment mortgage product which offers property investors interest-only loans on BTL and other resi investment properties.
This move aligns with TAB's commitment to providing tailored ESG-focused financing solutions and expanding its presence in the residential market.
Other investment properties include HMOs, holiday lets and AirBnBs up to £2.5m and terms from three to 10 years.
Borrowers can access loans with LTV of up to 70% although TAB offers flexible and fast services catered to each loan requirement.
TAB’s residential mortgage product targets sustainability-focused property investors and offers them 100% discounts off an exit fee of 1.00% by meeting ESG criteria.
Duncan Kreeger, CEO and founder of TAB (pictured above), said: "We are delighted to unveil our latest offering, the TAB mortgage: residential investment product, marking a significant evolution in our commitment to serving the diverse needs of property investors.
“As we expand our portfolio, the product is not just another mortgage; it's a tailored solution that reflects our dedication to providing flexible products that meet the diverse needs of customers.”