Advantage, a Morgan Stanley Group company, has launched a new Buy-to-Let portfolio product range available to brokers, networks and packagers.
The 2 year fixed and tracker rate products are all based on a 100% rental calculation. Rates start from 4.79% and are available up to 90% LTV (First-time buyers 85%). There is a £5m portfolio limit (10 properties) and no higher lending charge. The maximum loan is £500 000. Keith Dearling, managing director, Advantage, says: “This Buy-to-Let product has been very successfully tested with a group of packagers and we are confident that these will now be welcomed by the broker community. “The Buy-to-Let market continues to be a growth area and this development demonstrates Advantage’s cont...
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