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March 2010

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Advantage launches BTL range

14 August, 2007

Advantage has announced the launch of its new Buy-to-Let (BTL) portfolio product range

The range is available to brokers, networks and packagers, with the two year fixed and tracker rate products all based on a 100% rental calculation.

Highlights of the new BTL range include:

  • Rates start from 4.79%
  • Available up to 90% LTV (First-time buyers 85%)
  • Standard rental calculation 100% on all initial rates
  • £5 million portfolio limit (10 properties)
  • No Higher Lending Charge
  • Maximum loan £500,000
Keith Dearling, managing director of Advantage, said: “This BTL product has been very successfully tested with a group of packagers and we are confident that these will now be welcomed by the broker community. The BTL market continues to be a growth area and this development demonstrates Advantage’s continued commitment to brokers to offer competitive mortgages tailored to clients’ needs.”


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