Our ten year term product can be used for all types of BTL applications. Clients service the loan on interest only, with the maximum loan amount generated via ICR calculations. The product can be fixed for 2 or 5 years.
TermTen is ideal for clients looking for a longer term option. We have experience in lending to complex ownership structures and portfolio landlords who are looking to re-leverage assets or refinance into a Limited Company.
- 10 year term for residential properties only
- Fixed rates at 2 or 5 years starting from 3.82%
- Minimum loan £50,000, maximum loan £10m
- Maximum LTV 75%
- Interest only payments
- Product fees can be added to the loan
- Physical valuations
- 60 years remaining on leasehold at application.
We'll consider applications from:
- Complex structures – Ltd Co and overseas ownership
- Buy to let investors
- Portfolio landlords
- Ex-pats and foreign nationals (may be an extra charge)