Afin Bank has launched a five-year fixed-rate BTL offering, starting from 5.69% with a maximum LTV of 75%.
The bank’s BTL mortgages have a 2.5% fee which can be added to the loan.
Elsewhere, Afin Bank has reduced rates across its high net worth/premier and professional (meaning accountants, lawyers etc) ranges while adding new products for the latter.
“In this environment, advisers need access to products that reflect real financial profiles, not just tick box lending,” said James Briggs, intermediary sales director at Afin Bank (pictured above).
“The new five-year fixed rates offer greater long-term certainty, while the updated professionals and premier ranges cater for clients with strong future earnings or complex asset positions.
“Brokers need lenders who will take a considered view and that’s exactly the role we aim to play.”
