A buy-to-let mortgage specifically designed with first-time buyers in mind, taking into account the challenges they may face in investing in residential property.
- Loan amounts from £150k to £750k – more can be considered for those in a strong financial position
- LTV: 75%
- Required income of only £30k
- Can be considered for complex properties, including HMO, MUFB or holiday lets
- First-time buyers considered who do not own their main residence
- Interest rates: variable & fixed rates available
- Offshore borrowers and foreign nationals welcome
- Charge type: 1st charge
- Term: 3 years, no early redemption charge after year 2
- Completion time: from 10 days
- Location of property: England, Wales