Market Financial Solutions has launched a ‘core’ BTL offering, with its existing range to become a ‘specialist’ line of products.
The new products are available across two tiers depending on a borrower’s risk profile and the loan they require. There are two- and three-year fixes, and a two-year tracker.
Core BTL mortgages are for residential properties and standard Assured Shorthold Tenancies only.
They have a maximum term of 25 years, with no rolled up or deferred payment options however these remain available through the specialist BTL range.
UK expats residing in EEA countries, Channel Islands, Switzerland, USA, Canada, Australia, or New Zealand can all access core BTL loans, while first-time landlords are also accepted on Tier 2.
Foreign Nationals and offshore companies are excluded.
“We’re approaching a major milestone of 20 years of lending, and our mission remains the same today as it did in 2006: to cater to all manner of clients, no matter how complex, by delivering industry-leading products and exceptional service,” said Paresh Raja, CEO at Market Financial Solutions (pictured above).
“The launch of the core BTL range is another important step for us; the core products are all about simplicity and ease-of-access for landlords, and they will perfectly complement the specialist BTL range, which is there to cater to all types of BTL borrower.”
