BlueZest – new 85%LTV Buy to Let lenderMake Text Bigger
As from today, we have direct access to Blue Zest, the new lender offering 85% Loan to Value Buy to Let mortgages. (85% for London and the South East, 80% for the rest of the UK)
Blue Zest comment: “Our advanced technology provides us with the capability to deliver a mortgage within 60 minutes. However, each applicant and the property involved is unique so it may not always be this fast. It will however be hours and days and not weeks and months.”
“Are your processing times from application to offer really less than 60 minutes? – Yes. Whilst we can provide mortgages this fast it will depend on your individual circumstance, your property and your willingness to use all aspects of our advanced technology. We will always do our best to ensure things progress as fast as possible”
Buy to Let (Individuals and Limited Companies)
Mortgages aimed at Individuals or a Limited Company looking to invest in a Buy to Let property or transfer their existing portfolio to us.
Designed for Landlords/Individuals/Limited Companies/Limited Liability Partnerships.
Can be used to buy your first BTL investment property or add to your existing buy to let property portfolio.
A snapshot of the 85% deals are as follows;
- Minimum loan amount £50,000
- Maximum age – Individuals 85 SPV Directors 75
- Minimum income £25,000
- The property must be let on:
A single assured shorthold tenancy agreement with a term of between 6 and 36 months
The maximum number of (adult) occupants is 5. All such occupants must be party to the rental
Local authority/housing association tenants are not acceptable
For more information and criteria please contact me using the form below and I will be happy to help.