The products will be available through FHL’s distributor partner network, with rates starting at 4.19% and up to 75% loan-to-value.
The minimum loan amount is £50,000, with a maximum of £500,000. There is a 125% rental cover pay rate for the five-year products and 125% at a 6% notional rate for the two and three-year products.
Paul Brett (pictured), business development director at FHL, said: “From day one of the trial period it was evident that this product range was not only going to prove hugely popular amongst our intermediary partners but that it was something the market had been gearing itself up for.”
He continued: “As the buy-to-let sector becomes increasingly complex, it’s more important than ever for specialist lenders to arm brokers with as many valid options as possible for their clients. And the growth in the availability of limited company buy-to-let products will certainly prove attractive in helping a range of landlords to maximise yields and minimise costs.”
