Today Precise Mortgages has brought out a new range of limited company and HMO buy to let products for the first time.
Starting from 4.09% the products are available up to a £3 million loan size and through Searchlight Finance an enhanced borrowing of 80% LTV can be secured through our semi exclusive products.
Highlights of these great new products include:
• Semi Exclusive 80% products
• Personal ownership to limited companies will be allowed with equity gifts and capital raising, and newly formed SPVs will also be permitted.
• HMO properties with up to 6 bedrooms accepted.
• HMO property purchases through a limited company considered.
• A competitive range of fixed and tracker rate products are available.
• The maximum age at application is 80 and the maximum term 30 years.
• Unlimited properties with other lenders and up to 10 properties to a maximum of £5m with Precise Mortgages will be accepted.
To access the HMO products you need to have owned at least 2 properties for 2 years. To see if you meet criteria contact us today.