The latest update from Family Building Society can be found here. Remember, we are able to package on a fees free basis for Family Building Society and also offer support to brokers who wish to deal directly via our mortgage club. Further details are available across our website. Full details of product range here.
Great news for your portfolio landlords
Great news for your portfolio landlords! Limit removed to number of properties in a SPV.
Our Buy to Let Limited Company mortgages are now available to landlords with any amount of properties per company. This means that no matter how many properties your client has, we may be able to help.
How else can we help your Buy to Let clients?
- No minimum income
- No stress test on background properties held (just need to be self-financing)
- Maximum LTVs for BtL products now 70%
- Applications accepted up to age 89
- Expat cases accepted from over 40 countries, plus further countries through agreed packagers
- A common sense approach to lending with real human beings to underwrite each mortgage case.
Buy to Let Offset mortgage
Our BtL Offset mortgage can help to maximise returns for your landlord clients, allowing any savings to be offset against the mortgage.
Landlords can opt for either:
- Payment reduction – offsetting savings to lower monthly payments
- Term reduction – monthly mortgage payments will remain the same, but offset savings go towards reducing the capital, reducing the mortgage balance faster.
Either way, a BtL Offset mortgage can help to increase your clients’ net profit and ultimately increase the overall cashflow they receive from letting.
Did you know that on top of our standard range of products we have additional semi-exclusive products available via our packaging partners? Speak to your local Business Development Manager for more information.