X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • Mortgages & Finance

    New 2 year BTLs from Leek Utd

    Leek United has launched new buy-to-let mortgage products.

    • Two year discounted product initially 1.84% with £0 product fee
    • Two-year fixed rate starting at 1.79% £895 fixed (not %!) fee
    • Five year fixed rate 2.37% fixed without £895 fee
    • maximum LTV of 65%
    • options for buy-to-let landlords, including first-time and non-homeowner landlords

    Other criteria;

    Loan Types

    Consumer BTL’s.
    Investment BTL’s.
    Regulated BTL’s.
    Non Homeowner BTL’s.
    Let to Buy.

    Minimum Loan

    £25,000.

    Maximum Loan

    £1,000,000.

    Minimum/Maximum Term

    5 years – 40 years.

    Repayment Basis

    Repayment.

    Interest Only.

    Minimum Property Value

    £75,000.

    Loan to Value

    Purchase/Remortgage – 75%.

    Capital Raising – 75% max £500,000 (debt consolidations limited to 30% of property value).

    Deposit

    Personal savings.

    Non repayable gift from immediate family member.

    Sale/remortgage of existing property.

    Unacceptable Lending

    • Limited companies.
    • Sale and rent back.
    • DWP tenants.
    • HMO’s.
    • Properties being purchased from the applicant’s own business.
    • Properties that require items of major essential repair i.e:  Structural defects, Electrics, Drains. Trees.
    • Applications which have previously been declined by other lenders (other than due to credit score or issues with the previous property).
    • Remortgage applications where the applicant has not owned the property for six months.
    • Capital raising for business or investment purposes or to fund living costs.
    • Bridging finance.
    • Applicants who have taken out a pay day loan within the last three years.
    • Self-build.
    • Foreign Currency Loans.
    • Properties with EPC rating of F and G.

    These and numerous other new products are available via http://www.PropertyTribesFinancialServices.com

    0
    0