Family BS unveils two-year limited company BTL fix at 4.69%

Published on

The Family Building Society has introduced a new two-year fixed rate for limited company buy-to-let borrowers, priced at 4.69% and available up to 75% loan-to-value.

The mutual has launched the product for both purchase and remortgage applications, with the rate available on an interest-only and capital and interest repayment basis.

The deal carries a 2.00% product fee, subject to a minimum of £1,500, and includes £500 cashback on remortgage cases. Lending is available up to 75% loan-to-value.

The new two-year limited company buy-to-let fixed rate sits alongside what the lender describes as recent improvements to its buy-to-let affordability calculator, aimed at supporting landlord clients.

The move comes as landlords continue to weigh shorter-term fixed rates against longer-term certainty, amid ongoing market volatility and shifting funding costs.

Darren Deacon, head of intermediary sales at Family Building Society, said: “The launch of this new two-year product, alongside the recent significant improvements to our buy-to-let affordability calculator, demonstrates our continual commitment to UK landlords both here and abroad.

“It may be an uncertain time at the moment with nervous financial markets continually reflecting on world events, but at least our range of two-year products offer landlords a degree of short-term certainty.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...

Walsham Brothers expands adviser reach with Paradigm Protect panel deal

Walsham Brothers has added Paradigm Protect to its growing list of distribution partners as...

OakNorth joins financing for BetterHome acquisition of Stonebridge parent

OakNorth has joined HSBC and Investec in a senior lending club backing BetterHome Group’s...

Latest publication

Other news

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...