Saffron for Intermediaries has launched an expat limited company BTL offering, while making a number of other changes to its proposition for landlords.
Saffron’s expat BTL range now offers lending up to 80% LTV, making higher-leverage borrowing more accessible for overseas clients, and is available to first-time buyers and first-time landlords where at least one applicant meets minimum income requirements.
The range also now includes expat limited company BTL, while the wider limited company BTL proposition has been enhanced to accept newly registered companies, with no personal guarantees required up to 55% LTV.
Across the broader BTL range, Saffron will accept first-time buyers and first-time landlords (product dependent), offer loan sizes up to £3m, and continue to provide interest-only or repayment options with no external exposure limit.
Saffron has also introduced a new HMO product, available to both individual landlords and limited companies.
This addition broadens the range of investment strategies brokers can support and reflects growing demand for higher-yield, multi-occupancy properties.
“At Saffron, we believe progress is achieved through continuous refinement, careful expansion and solutions that reflect how brokers are supporting clients today,” said Tony Hall, head of business development at Saffron for Intermediaries.
“These updates sit at the heart of that philosophy.”
