Market Harborough Building Society has made improvements to its buy-to-let (BTL) ranges in Britain and expats, including those for wealthy borrowers.
ALEX HANNAM PHOTOGRAPHY Harborough Building Society 25.04.2024 07903 169347 alex@alexhannamphotography.co.uk
The changes include increasing the maximum loan size on BTL from £2 million to £3 million.
The lower interest tier 2 products are now available up to 80% loan-to-value (LTV) and more scenarios are now included in the tier 2 tier with lower prices, including non-standard income, complex properties and sole proprietorships with a joint borrower.
Harborough Market head of mortgage distribution Iain Smith says: “We’ve built real momentum through 2026, with a range of changes designed to make our mortgage solutions up to £5m even more accessible. And we’re not taking our foot off the gas – giving more landlords and individual investors access to lower-priced Tier 2 products, wider availability of 80% LTV and greater choice with a higher maximum loan size.”
“We are committed to being the best for brokers, and that means listening and acting on feedback from brokers. The changes we have made so far this year are a clear demonstration of that and our commitment to being an easy, supportive and solutions-oriented partner for them and their clients.”