Funding 365 has launched specialist 3-year and 5-year buy-to-let (BTL) offerings for England, Wales and Northern Ireland.
The products cater for a range of residential properties including social housing, houses in multiple occupation (HMOs), multi-unit freehold blocks (MUFBs), student accommodation and holiday lets.
Semi-commercial properties will also be considered where commercial is less than 30% of the total value.
The products are available to expats and foreign nationals with a UK credit footprint, offshore companies and first-time buyers on a case-by-case basis.
With loan sizes from £100,000 to £5m in England and Wales (£100,000 to £3m for Northern Ireland), and fixed interest starting at 7.49% per annum with a 2% arrangement fee, the products have been designed to enable landlords to purchase, remortgage or capital raise.
Laura Kendall (pictured), marketing director at Funding 365, said: “As you would expect from Funding 365, we’ve created buy to let products that are simple, straightforward and with clear benefits.
“We work with all intermediaries, so I would encourage brokers to get in touch if they’d like to experience the Funding 365 difference for themselves.”
Mike Strange, director at Funding 365, added: “We always look to find the best solutions for our borrowers, so we’ve delivered occasional bespoke 3- and 5-year loans over the years.
“With a marked increase in demand recently, it made sense for us to solidify our offerings and make them available to the whole of the market.
“We look forward to delivering funding for even more property professionals.”
