Saffron restores 75% LTV ltd co offering
By Jon YarkerFive-year fix available at 6.27%
Section: Products
Saffron has reintroduced its five-year fixed rate proposition for limited company landlords at up to 75% LTV.
With immediate effect, this option is available at 6.27% with a £2,500 arrangement fee.
The lender has also made available additional 55% LTV tiers for its BTL range.
This now includes a limited company option at 6.07% with a standard BTL from 6.17%.
Expat BTL and expat limited company BTL, at 55% LTV, are both available from 6.27%.
“For a landlord borrowing through a limited company, the amount of equity they need to put into a property is a significant part of the financing decision,” said Tony Hall, head of sales at Saffron for Intermediaries (pictured above).
“Restoring our 75% LTV option gives brokers another route to consider for clients who want to retain more of their capital.”
Keywords: Saffron, Tony Hall, BTL, Lender, Product Relaunch, Expat BTL, Limited Company, Landlords
Source: BTL Insider — https://btlinsider.co.uk/saffron-restores-75-ltv-ltd-co-offering