Precise Mortgages will tomorrow (21 January) launch a limited company buy-to-let product.
Rates start at 4.09% and the products are available to a £3 million loan size and up to 80% loan to value.
Unlimited properties with other lenders and up to 10 to a maximum of £5m with Precise Mortgages will be accepted.
The maximum age at application is 80 and the maximum term 30 years.
Personal ownership to limited companies will be allowed with equity gifts and capital raising, and newly formed SPVs will also be permitted.
‘Near prime’ will be available, as will ‘bridge to limited company.