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SBI UK’s BTL product range now available through Legal and General Mortgage Club

The State Bank of India’s (SBI UK) buy-to-let product range is now available through Legal and General Mortgage Club.

The company provides buy-to-let financing up to 75% loan-to-value to portfolio landlords and individuals,  while it provides products for limited companies, expats and HMOs.

The bank has a cap of £5m buy-to-let exposure to an entity or individual but there is no restriction on the number of properties.

Stephen Banks, head of national sales for SBI UK, said:  “We are incredibly excited to be working with Legal and General Mortgage Club.

“They have an excellent long-standing reputation as one of the leading distributors in the UK mortgage market.

“The bank has doubled its BTL book in last 18 months reflecting the growth of its network for customers, and Legal & General Mortgage Club would help us attract more customers as we continue to offer a range of BTL mortgage products at attractive rates in the market.”

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