Tipton & Coseley Building Society
TIPTON & COSELEY GIVE COMPLETE EXCITING RANGE OF BTL PRODUCTS (Aug 2020)
As a key partner to The Tipton we have access to some VERY low BTL rates, but don’t expect them to stay around too long.
- 2.99% fixed for 3 Years
- 3.29% fixed for 5 Years
- 2.74% discounted rate for 3 years
- Purchase and Remortgage
- Free valuation & Legal Fee cashback on remortgages
- 1.25% Lender Product Fee (can be added)
Here’s the Lending Criteria
- Available only to Ltd Company
- 70% max LTV
- £50,000 minimum loan
- Portfolio landlords not accepted (maximum holding per director 3 mortgaged properties)
- First Time Landlords accepted
- Applications from expat’s accepted – usual expat criteria applies
- Interest rate cover is 125% calculated at 5.5% or pay rate on the 5 Yr fixed rate
Due to the limited distribution these products will not appear on any sourcing systems.
Proc Fee 0.50%
Proc Fee 0.50%
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