Buckinghamshire Building Society has launched into the limited company buy-to-let market with a new product range.
The offering includes products suited to expatriate investors and those with holiday let properties.
The four new products for limited company BTL investors are a five-year fix at 5.49% up to 80%; a three-year fix at 6.09% for expats up to 75% LTV; an expat holiday let deal at 6.09% discount for two years up to 75% LTV and a two-year fix at 5.79% for holiday lets up to 75% LTV.
A flat product fee of £1,195 comes with the products and the lender offers 125% interest coverage ratio for limited company applicants.
The new range includes options for day one SPV (special purpose vehicles), first-time buyers, and first-time landlords (FTL), ensuring greater accessibility for borrowers at different stages of their property investment journey.
Buckinghamshire Building Society continues to offer its standard product range, which includes buy-to-let, expat, and holiday let options and does not lend to portfolio landlords.
Head of mortgage sales Claire Askham says: “We’ve been carefully considering the launch of a limited company product range for some time, as we’ve observed a growing trend of landlords incorporating their portfolios in response to changes in tax regulations. This new range, which includes products for standard and expat buy-to-let as well as holiday let, allows us to provide focused support for these landlords while offering brokers a clear and compelling solution for their clients.
“We’re always actively reviewing our criteria to ensure we meet the evolving needs of landlords across the market. It’s about recognising a market shift and equipping brokers with the right tools to stay ahead.”