Foundation Updates

08 October 2020

The return of ERC3 - our 5 year product with only 3 years’ ERCs

Great news! We’ve made an exciting addition to our buy to let range today that you need to hear about.

What’s new?

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.

To find out more, see our individual and limited company product guides or contact your local sales contact to discuss a case.

For intermediaries only

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