The Society has also reintroduced five-year fixed rate HMO products for UK and expat landlords.
The Society has also reintroduced five-year fixed rate HMO products for UK and expat landlords.
New products include fee-assisted 70% LTV options and an expanded tracker range.
The products provide existing customers with additional options to review their borrowing and raise funds against their portfolios.
The new products are designed to support borrowers amid ongoing interest rate uncertainty.
Borrowers are willing to take on more risk for the chance of lowering their monthly payments when the crisis ends and rates start coming down.
Steve Cox, chief commercial officer at Fleet Mortgages, says advisers and landlord borrowers have had to reassess their approach, particularly when it comes to committing to...
The new products come with no ERCs.
The lender says it has launched the products to support brokers amid current market volatility.
The lender has added six two-year options to its recently launched tracker range.
The products have no early repayment charges and a choice of 2% and 5% fee options.
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