New buy-to-let lender launches

Published on

A new lender has launched to market, saying it will lend on buy-to-let and other investment products.

White Knights Finance Ltd has joined forces with selected developers who produce properties which can often be sold under market value.

“Traditionally, buy to let lenders focus all their attention on the borrower, with a basic survey on the suitability of the property,” said Colin Warburton, director of White Knights Finance.

“After months of research we understand that this is actually a risky way to lend and as a result of this we shall focus our attention on the property.

“This will be an entirely new concept in the buy to let market allowing many people who’s pensions and saving are taking a nose dive and unable to obtain a buy to let property for many reasons a much better chance of investing for their futures.”

The business argues that it can help many smaller investors achieve a healthy return on their investment instead of being eroded by inflation.

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.

Latest articles

Financial services firms sign skills pact ahead of Chancellor’s Mansion House speech

More than 20 financial services organisations have signed a new agreement with government aimed...

Brilliant Solutions partners with Box Socials

Brilliant Solutions has partnered with Box Socials to give its members discounted access to...

Mortgage rates fall at fastest pace in almost two years

Fixed mortgage rates have recorded their biggest monthly reductions for almost two years, as...

Solo first-time buyers face almost a decade of saving before they can buy

Solo first-time buyers face saving for almost a decade before they can afford to...

Redwood Bank strengthens underwriting team with senior appointment

Redwood Bank has appointed Omkar Hushing as senior underwriting manager as it continues to...

Latest publication

Other news

Q&A: Claire Cherrington, PMS and Bankhall

Mortgage Soup fires the questions at Claire Cherrington, director of PMS and Bankhall. Mortgage Soup...

Financial services firms sign skills pact ahead of Chancellor’s Mansion House speech

More than 20 financial services organisations have signed a new agreement with government aimed...

How brokers can secure better client outcomes in a volatile market

Experience has always counted in the mortgage market. Brokers who worked through the financial...