The specialist lender’s new range is aimed at landlords and investors with multiple properties as well as those looking to secure finance on houses in multiple occupation or semi-commercial properties.
The new products are tailored for complex situations and apply across both first and second charge loans.
The increase to £2m is available for first charge applications on both standard and specialist buy-to-let products and covers most property types.
Meanwhile, the maximum loan size for second charge products has been increased to £500,000.
“We’re seeing continued demand for buy-to-let funding, with an increase of 44% in 2016, so we’ve developed this new product range to support property investors as they build their portfolios,” said Marc Goldberg, commercial CEO at Together (pictured above).
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“As a leading buy-to-let lender, we’re committed to improving and enhancing our products in line with market needs, and our increased loan size of £2m is reflective of the growing demand for larger loans.”
Marc felt that the buy-to-let sector was in a period of transition, but believed that – despite the changes – it was also an exciting time for the market as it adapted and evolved.
“In fact, we’re seeing that long-term investors are not being deterred, but are perhaps focusing on lower loan-to-values and using larger deposits to take the various changes into account.
“We’re very much committed to growing our buy-to-let business, and have a dedicated team in this area whose knowledge of the market is second to none.
“We look at applications from all types of customers – including limited companies – and apply our commonsense philosophy to each lending decision.
“Our recent growth in this area is a clear indication of our success and we hope that this will continue as we move forward.”


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