KSEYE

KSEYE launches hybrid BTL offering



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Bridging lender KSEYE has introduced a range of hybrid BTL finance products for property investors in England and Wales.

The offering covers residential and mixed-use properties, up to a maximum of 30% commercial use, with two-year loan terms. 

It also can be used for HMOs, MUFBs, holiday lets, ex-local authority houses and flats, and Grade-II listed properties. 

Loans will be offered between £150,000 and £4m, although larger facilities are available upon referral.

First-time and portfolio landlords can apply, including residents and companies both in the UK and overseas, with no minimum income required.

“At KSEYE, we are always striving for ways to better support brokers and property investors,” said Nikes Khagram, founding partner and director of KSEYE (pictured above). 

“That’s why we’re delighted to unveil our new hybrid BTL products which will meet the needs of many landlords, from those just entering the market right through to seasoned investors with established portfolios.”

The product range has three tiers, with rates starting from 5.49%. 

Borrowers have the option to defer interest payments, while top slicing is also permitted.

The property being purchased must have a value over £200,000. 

“The hectic state of the property market during the stamp duty holiday has underlined the demand for bricks and mortar investments,” Nikes added.

“However, finding the right property finance solution is not always straightforward.

“With three product tiers and flexibility built in, this new product range perfectly complements our existing bridging offering. 

“We know that speed and flexibility are essential to our clients, and so the specialised BTL products will help investors overcome the unique challenges that come with acquiring and building a property portfolio.” 

In April, the specialist lender completed its largest loan to date, a £11.25m development exit bridging facility for a mixed-use project in south west London. 

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