top of page
Funding 365 enters BTL market with specialist three- and five-year fixes

Funding 365 enters BTL market with specialist three- and five-year fixes

Funding 365 has today (11th July) unveiled its new specialist three- and five-year BTL options for England, Wales and Northern Ireland.

Funding 365 has today (11th July) unveiled its new specialist three- and five-year BTL options for England, Wales and Northern Ireland.

The products offer loans from £100,000 to £5m (maximum £3m for lending in Northern Ireland) for purchases, remortgages or capital raise, with fixed rates starting from 7.49% per annum with a 2% arrangement fee.

They cater for a broad spectrum of residential properties, including social housing, HMOs, MUFBs, student accommodation and holiday lets — semi-commercial properties are also considered where commercial is less than 30% of the total value.

The BTL options are available for a range of borrowers, with expats, foreign nationals with a UK credit footprint, offshore companies and first-time buyers all considered on a case-by-case basis.

“As you would expect from Funding 365, we’ve created buy to let products that are simple, straightforward and with clear benefits,” said Laura Kendall, marketing director at Funding 365 (pictured above).

“Moreover, they will be delivered by the same team that won Service Excellence at the recent B&C Awards, so our clients can be sure of a personal experience and no delays.”

Mike Strange, director at Funding 365, added: “We always look to find the best solutions for our borrowers, so we’ve delivered occasional bespoke three- and five-year loans over the years.

“With a marked increase in demand recently, it made sense for us to solidify our offerings and make them available to the whole of the market.

“We look forward to delivering funding for even more property professionals.”

bottom of page