Our products are structured to give your clients the flexibility they need. Here’s an example of how:
The client:
The client was a foreign national who had been living in London for over 5 years, they had clean credit and owned their main residence. They were looking to purchase a four bed HMO in an established HMO area, with four occupants already in situ.
The situation:
Being a foreign national looking to become a first-time landlord, the client was looking to raise 75% LTV to buy his first investment property in the UK, and build up letting experience.
The solution:
We were able to offer the first-time landlord our TermTen product with a 5 year fixed rate of 4.79%, giving the client the stability of a fixed rate whilst they build up letting experience with the freedom to refinance after five years has passed, or roll onto a SVR if that better suits them when the time comes.
Have a case to discuss?
Give us a call or contact your BDM today to see how we can help you.