Brilliant Solutions offers packaging expertise on Buckingham BS products so we are available to help with your cases and you can also access their products through our direct to lender mortgage club which not only gives you the support you need but pays you on the day of completion.
This is the latest announcement from Buckinghamshire BS.
Announcement
New Year… New Products!
It’s a brand new year and what better way to kick off 2023 than launching two new specialist products for your clients with a less than perfect credit history.
Both products form part of our Bucks Solutions 1 range meaning we will look to accept a range of credit issues such as:
- Missed payments: Max status 1 in the last 3 years
- Defaults: Up to £1,000 outstanding in the last 3 years none in the last year
- CCJs: Up to £250 outstanding in the last 3 years none in the last year
- Mortgage arrears: 1 in the last 3 years none in the last year
- Payday loans: 1 in the last 3 years none in the last year
- DMP: satisfied / discharged by completion
- IVA & Bankruptcy: satisfied / discharged for 4 years no adverse since
- Missed payment on Mail Order, Utilities and Communications accepted
Firstly, we have a 3-year discounted rate holiday let product, which is available for both purchase and remortgage cases for properties across England and Wales.
Key features include:
- Maximum loan to value (LTV) of 75%
- Loans from £50,000-£750,000
- Applications accepted from individuals or limited companies
- Property must qualify as a Furnished Holiday Let under the HMRC definition
- Properties located on holiday parks/complexes, B&B, Airbnb, flats, leasehold properties and properties that have an occupancy restriction are not acceptable
- Other fees & T&Cs apply
Please note: When submitting a DIP for a holiday let product, you need to tell us the low, mid and high season valuation plus agents fees.
Our second new product is a 3-year discounted rate ex-pat buy-to-let offering, which is available for both purchase and remortgage cases for properties across England and Wales.
Key features include:
- Maximum loan to value (LTV) of 75%
- Loans from £50,000-£500,000
- Maximum term of 40 years
- Maximum 6 storeys for flats (4 for ex-local authority)
- Interest only, capital repayment or part & part considered
- Other fees & T&Cs apply
Before submitting an application for a buy-to-let product, you must first check your case meets our eligibility requirements by filling out our BTL Affordability Assessment & Calculator. Our calculators have been recently updated and will now give you an instant indication of whether your case is proceedable to full application.