Foundation Updates

16 February 2021

NEW Green Reward BTL remortgage product

Today we have launched our exciting new Green Reward remortgage product.

This buy to let remortgage product is designed to reward landlords who are making environmentally-friendly choices with their properties by reducing their carbon footprint.

More on this product:

  • A competitive rate of 75% combined with a reduced product fee of 0.75% and £750 cashback upon completion
  • For landlords who have made sufficient improvements to their property to warrant an energy performance certificate (EPC) of C or above - dated within the last 12 months, except for listed properties
  • Available on an early remortgage basis so landlords don’t have to wait the usual 6 months before remortgaging an improved property with us

Other criteria remain as standard, including the generous ICRs of 125% for limited companies and basic rate tax payers, and 145% for other borrower types.

To find out more about this product, download our individual and limited company product guides or speak to your local sales contact.

 

For intermediaries only

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