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Refurbishment on a 7-bed HMO results in lower rates

Refurbishment on a 7-bed HMO results in lower rates

 

 

 

 

 

 

 

 

 

 

 

 

A broker approached us looking to source a remortgage for a 7-bed HMO for a portfolio landlord client via a limited company. The client had refurbished the property and was now looking to remortgage at 75% LTV.

 

Due to the refurbishment the landlord had made the property more energy efficient and brought the EPC rating up to a C. This meant the broker was able to place the case using our green product range, giving the client a 0.10% reduction on the rate compared to our core product range. 

 

Why Keystone?

 

 HMOs up to 10-beds

 

 Trading limited companies, SPV and LLPs

 

✔ Remortgages within 6 months

 

 Portfolio landlord

 

 Reduced rate using the green product range

 

 

Terms Offered: 

  

LTV: 75%

 

Rate: 3.44% 2 Year Fixed

 

Range: Green Specialist Buy to Let