State Bank of India (UK) has relaunched its fixed rate buy-to-let products.
The range offers rates across a number of product options and introduces a new loan to value (LTV) band of 50% aimed at low gearing borrowers.
The reintroduced products offer deals to individual and portfolio landlords, including expats. The corresponding green range is available for properties that have an “A”, ”B” or “C” EPC rating, and such landlords will benefit from lower rates in SBI UK’s price points.
Abhishek Sahay, SBI UK’s chief business officer, said: “We are excited to reintroduce our fixed rate buy-to-let products, which will support landlords and the UK housing market during this pivotal time. We remain committed to the buy-to-let market and look forward to engaging with our intermediary partners.
“Our green range continues to support and reward energy-efficient homes and properties. The bank is proud to continue to play its part in incentivising reduction in carbon emissions.”
