mike davies

YBS launches 10-year BTL product

YBS Commercial Mortgages has launched a 10-year fixed rate limited company BTL product.

It has a rate of 3.6% for loans up to 75% LTV with a minimum loan size of £250,000 and a maximum of £5m.

“We know that current market conditions are choppy with several external factors expected to dampen the economy in the short term,” said Mike Davies, head of business development at YBS Commercial Mortgages (pictured above).

“We are responding to customer demand with the introduction of this 10-year fixed rate limited company BTL product so that we can provide our borrowers with rate certainty.

“We are confident that in the long term the BTL market is robust and will continue to grow even if there is short-term disruption.”

Mike added that YBS would continue to build a “range of niche BTL products” throughout the year.

“Our flexible, personal service model allows us to tailor loans to suit the individual needs of our borrowers.”

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