We’ve re-introduced our ERC3 product, the 5 year fixed rate with ERCs of 5%, 4% and 3% for the first 3 years.
We brought this product back in response to market demand for flexible products and ERC3 gives landlords the security of a fixed rate for 5 years with the flexibility to reappraise their loans after 3 years.
The newly re-introduced product is available up to 75% LTV, at a rate of 3.64% with a 2% product fee and a maximum loan size of £1m.
This product is available to both portfolio and non-portfolio landlords as well as individuals and those applying for a mortgage through a limited company.
For intermediaries only