Pluto Finance has revised its pricing for its Landlord Solutions product, with fixed rates now available from 0.62%.
The product offers options for floating or fixed rates of interest for professional landlords and property investors seeking acquisition, refinance, refurbishment, or conversion funding.
Pluto Finance’s Landlord Solutions provides funding on properties that are income producing, alongside facilities for refurbishment and conversion projects. The product is designed to support a broad range of property types, including: Residential, Mixed-Use, HMO, Student Accommodation, Commercial and Conversion Projects.
Sample pricing:
| LTV | Residential & Mixed-Use (50%+Resi) | Commercial & Mixed-Use (<50% Resi) | Resi refurb / Finish & Exit | Commercial to Resi / Finish & Exit |
| <60% | 3.00% (over BoE) / 0.62% p.m. | 4.50% (over BoE) / 0.74% p.m. | 3.75% (over BoE) / 0.68% p.m. | 5.00% (over BoE) / 0.77% p.m. |
| <65% | 3.25% (over BoE) / 0.64% p.m. | 4.95% (over BoE) / 0.78% p.m. | 4.25% (over BoE) / 0.73% p.m. | 5.50% (over BoE) / 0.81% p.m. |
| 70% | 3.75% (over BoE) / 0.68% p.m. | N/A | 4.75% (over BoE) / 0.77% p.m. | 5.95% (over BoE) / 0.85% p.m. |
Mario Ioannides, associate partner at Pluto Finance, said: “We recognise the importance of transparency in the lending market. Our updated rates reflect our ongoing commitment to providing competitive and flexible financing solutions for landlords.
“Whether acquiring, refinancing or undertaking refurbishment or conversion projects, our Landlord Solutions product ensures our clients have tailored funding that supports their investment strategies.”
