Quantum Mortgages have announced a product update. Contact our team for more information on how we could help you and your business. If you would like further information directly from Quantum Mortgages, visit their intermediary site here.
Quantum Mortgages Announces Rate Reductions on Buy-to-Let Mortgages, Including Significant Cuts in Green Range Rates
Quantum Mortgages, a leading provider of buy-to-let mortgages, is excited to announce substantial reductions in interest rates across their fixed-term mortgage products. The Company is introducing rate cuts of up to 80 bps on 2, 5, and 7-year fixed-rate buy-to-let mortgages, and a significant reduction of up to 95 bps on their Green Range for landlords committed to sustainable property investment.
This strategic move by Quantum Mortgages is a testament to the Company’s commitment to supporting landlords and property investors by offering competitive and accessible mortgage options.
Key highlights of the rate reductions include:
- 2, 5, and 7-Year Fixed Rates for Landlords: Quantum Mortgages is pleased to offer landlords reduced interest rates of up to 80 bps on their 2, 5, and 7-year fixed-rate buy-to-let mortgages. This substantial rate cut aims to provide landlords with increased financial flexibility and enhance the attractiveness of property investment.
- Green Range for Sustainable Property Investment: Quantum Mortgages is taking a bold step in supporting environmentally conscious landlords by reducing rates by up to 95 bps on their Green Range buy-to-let mortgages.
These products are tailored to landlords who prioritise eco-friendly practices in their property investments, aligning with Quantum Mortgages’ commitment to sustainability.
Quantum Mortgages believes that by making buy-to-let mortgages more affordable for landlords, they can contribute to the growth of sustainable and responsible property investment practices.
These new rates are effective immediately and apply to new buy-to-let mortgage applications as well as existing landlord clients seeking to refinance their investments. Quantum Mortgages remains steadfast in its mission to empower landlords through responsible lending practices and innovative financial solutions tailored to the unique needs of property investors.
For more information on Quantum Mortgages’ reduced rates for buy-to-let mortgages or to enquire about mortgage options for landlords, Mortgage Intermediaries can visit www.quantummortgages.co.uk or contact their Broker Support Team on 01908 909650 Opt 1.
Quantum Mortgages Unveils Limited-Time 4.99% Interest Rates on Single Unit Exclusive Edition Mortgages
Quantum Mortgages, a leader in financial innovation, is delighted to introduce a unique opportunity for property investors with the launch of its Single Unit Exclusive Edition Product featuring an exclusive 4.99% interest rate*. This enticing offer is available for a limited time, and once it’s gone, it’s gone.
The Single Unit Exclusive Edition offers a host of attractive features, including up to 75% LTV and a maximum loan amount of £1.5 Million. What sets this offer apart is the competitive interest rate of 4.99%, making it a compelling choice for savvy investors seeking favourable financing terms.
Applicants will find flexibility in the arrangement, with the completion fee being an option that can be added to the loan, going beyond the typical constraints of maximum LTVs.
Quantum Mortgages has meticulously crafted the Single Unit Exclusive Edition to cater to the unique needs of property investors. The eligibility criteria include a requirement for the rental value to be at least 125% of the interest-only mortgage payment (145% for higher-rate taxpayers), using pay rate as the benchmark. Additionally, a minimum loan amount of £100,000 is set, ensuring the offering is accessible to a broad spectrum of investors.
To qualify for this exclusive opportunity, applicants are required to hold at least one existing BTL property and demonstrate a minimum of one year’s market experience. Quantum encourages experienced investors but caps the maximum number of existing BTL properties at three, promoting inclusivity.
The eligible property types span a wide range, encompassing standard houses, bungalows, leasehold flats with a minimum of 85 years remaining on the lease, new build flats up to 75% LTV, and converted, purpose-built, and studio flats above 30sqm. The offering even extends to ex-Local Authority flats and houses up to 5 storeys without deck access, provided certain criteria, such as owner-occupancy percentages, are met.
This product is only available in England and Wales and will not include Northern Ireland as per the normal range. The tenancy terms allow for standard ASTs up to 36 months, shared houses, and corporate lets up to 5 years, with a focus on maintaining stable rental demand.
This exclusive mortgage product has a minimum age requirement of 21 on completion, extending up to a maximum age of 85 at the end of the term. Quantum also sets no minimum income threshold, offering flexibility to a diverse range of investors.
For those looking to seize this limited-time opportunity, Quantum provides a maximum borrowing exposure of £5 Million, with a credit profile requirement that excludes adverse credit, other than one isolated utility or communications default, registered in the last 6 years.
Quantum Mortgage’s Single Unit Exclusive Edition at 4.99% is a testament to its commitment to offering competitive and innovative financial solutions tailored to the evolving needs of property investors. Investors are encouraged to act swiftly to secure this exclusive opportunity.
For more information, please see our full product page here – Single Unit Exclusive Edition
For more information on Quantum Mortgages’ full reduced rates for BTL mortgages or to enquire about mortgage options for landlords, Mortgage Intermediaries can visit www.quantummortgages.co.uk or contact their Broker Support Team on 01908 909650 Opt1.
*terms and conditions apply