fbpx

YBS Commercial expands limited company buy-to-let range

Michael Lloyd

December 19, 2019

YBS Commercial Mortgages has expanded its limited company buy-to-let product range.

The new offering will accept small, high quality schemes where the property is typically no more than four stories high with a maximum of 16 units.

The lender will give landlords access to loans up to 65% loan-to-value (LTV) against newly built or converted flats.

Luke Douse, business development director at YBS Commercial Mortgages, said: “Our existing limited company product range enables buy-to-let investors to work with a lender willing to make a long-term commitment.

“We are now launching a product to support investors who are seeking a mortgage to specifically fund investment into new build flats.

“YBS Commercial Mortgages has £300m to lend to the UK property sector in 2020 and this new limited company product will help investors take advantage of this by offering a tailored solution to a specific need.

“This is the first of a range of niche products that we are currently working on.”


Sign up to our daily email