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YBS Commercial Mortgages has added a new option for corporate buy-to-let clients who are borrowing more than £1 million, up to 70% LTV.
The product is available at 5.30% fixed for five-years along with a 5% arrangement fee. The new offering follows in the footsteps of changes introduced by the lender last month where a five-year fix at 65% LTV was introduced for loans of more than £1 million with the same 5% fee, allowing investors the choice of benefitting from a better rate by paying a higher fee upfront.
Tom Simpson, managing director said: “We remain competitive, listening and reacting to the needs of our brokers and borrowers at all times.”
YBS Commercial Mortgages, Press release
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