3mc to distribute Axis Bank buy-to-let
Axis Bank is the third largest private bank in India, offering products aimed at experienced landlords and HMO landlords.
Brokers can get a 0.45% procuration fee on all completed deals packaged by 3mc.
Doug Hall, director of 3mc, said: “We’re delighted to have been appointed by Axis Bank and are looking forward to helping them build their brand in the UK intermediary mortgage market over the coming months.
“It’s exciting to welcome a new lender to the specialist buy-to-let market and I’m pleased to confirm that the 3mc processing fee on all Axis Bank applications received in July and August is being reduced to just £95.”
Axis Bank also has products for expats, individual investors & limited companies. It offers products for multi-units on one title and holiday lets.
Andrew Ferguson, head of buy-to-let mortgages at Axis Bank, said: “3mc has a justly deserved reputation for offering a high quality service and I know that the team at 3mc will provide brokers with all the support they require when submitting applications to Axis Bank.”