Daniel Hegarty

Habito enters limited company BTL market




Habito has entered the limited company BTL mortgage market with its first suite of products.

The mortgage broker and lender — which will offer the new range exclusively through its brokerage — only recently entered the lending space with a range of individual BTL products.

Habito’s offering includes an introductory cashback of £250 for a limited time period, while eligible landlords will be able to secure financing for their investment with a deposit of 20%.

Products are available in fixed terms of up to 10 years, with two-year fixed rate prices starting at 2.59% for a 60% LTV product and a 75% LTV product priced at 2.84%.

“In spite of uncertain political and economic times, financing a BTL property through a limited company  is proving to be a very appealing route for a growing number of landlords,” said Daniel Hegarty, founder and CEO at Habito (pictured above).

“Clearly competitive rates and value for money, operating costs and yields are the key drivers for property investments, but we’re seeing more and more demand for mortgage offers with speed, innovation and certainty — something we’re proud to be taking a lead on at Habito.”

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