Product Transfer Plus
It’s here, our brand new Product Transfer Plus range, which is available for existing borrowers. Now, landlords can boost their borrowing potential with the addition of a Further Advance when they apply for a Product Transfer (PT), setting a new standard for flexibility in the buy to let market.
With the rates mirroring our competitive PT range including two and five-year fixed options. Additional borrowing of up to 80% LTV is available, meeting landlords' evolving needs to raise capital without remortgaging. Not only this, but the arrangement fees are 1.5% or 3.5%.
The process is seamless, very similar to the way you would select our current PT offering: the size of the Further Advance is determined by an affordability assessment tailored to individual or limited company applications.
And the best part? We're offering a generous procuration fee of up to 0.55%. With the PT Plus product, a physical valuation is required, however, we cover the full cost of these valuations.
For limited company applications, independent legal advice (ILA) is a required and we're here to help. We have partnered with iLA Law to offer a discounted fee starting from £175+VAT, with appointments available within 24 hours. If your client(s) would like to choose this option, more information on the process can be found within our FAQ document.
Our new range isn't just another product set - it's a game changer for landlords ready to seize new opportunities.
Our NEW Product Transfer Plus range offers….
✨ 2 & 5 year fixed rates available
✨ 1.5% and 3.5% arrangement fees
✨ Up to 80% LTV for standard properties and 75% LTV for specialist properties
✨ No application or valuation fee
✨ Procuration fee of up to 0.55%