The lender’s BTL mortgages are available for British passport holders, including first-time buyers and landlords, however the building society cannot lend to clients residing in Hong Kong or the EU.
The product range is available up to 70% LTV with a minimum income of £25,000.
The lender has also grown the availability of its holiday let property mortgages, where limited companies with an SPV are now eligible for these products.
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These are also available up to 75% LTV for properties across England and Wales in National Parks or coastal areas that are ready to let for at least 140 days of the year.
The UK holiday let sector has seen a dramatic rise in recent months, as more holidaymakers eschew international travel and opt for staycations in a post-pandemic world, prompting a government review into the market.
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