Habito has added portfolio landlord mortgages to its buy-to-let product range.
Rates are available from 2.54% for individuals and 2.59% for those purchasing through a company at up to 80% loan-to-value (LTV).
The online broker requires landlords to own own at least four buy-to-let properties to qualify for its portfolio products.
Habito has replaced its ‘Decisions in Principle’ (DIPs) with ‘Instant Decision’, which involves fast-tracked checks, which the company claims means that it can now provide landlords with a mortgage offer in less than 10 days.
Daniel Hegarty, founder and CEO of Habito, commented: “Launching our portfolio buy-to-let range means that we are now one of the most comprehensive buy-to-let mortgage lenders in England and Wales and can help any landlord who comes to us. But we’re not stopping here.
“We know that landlords are increasingly interested in more specialist classifications of property to help diversify their portfolio, including houses of multiple occupancy (HMOs), holiday lets and multi-use freeholds.
“We are constantly enhancing our underwriting and system capabilities and will be able to lend on those types of properties very soon.”
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