Buy-to-let portfolios popular
In reviewing its mortgage book over the last three years, Britannic Money has seen a:
• 122% increase in portfolio buy-to-let lending;
• 64% increase in the proportion of portfolios against all buy-to-let lending;
• 107% increase in the number of loans to limited companies (50% increase in the last year).
Rachel Ramsden, Britannic Money's head of marketing, said: “With competitive interest rates and market leading flexibility, Britannic Money's buy-to-let products provide the ideal savings vehicle with which to fund further property investments. Being one of the few providers who also lend to limited companies, Britannic Money's expertise is reflected in the growth of this lending over the last 3 years.”