Together Launches New Specialist Buy-to-Let Range
By |Published On: 13th June 2017|

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Together Launches New Specialist Buy-to-Let Range

By |Published On: 13th June 2017|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Together has launched a new, specialist buy-to-let product range, created to support property investors as they expand their portfolios.

Together Launches New Specialist Buy-to-Let Range

Together Launches New Specialist Buy-to-Let Range

The finance provider has also increased its maximum loan size to £2m.

Aimed at landlords and investors with multiple properties, as well as those looking to secure finance on Houses in Multiple Occupation (HMOs) and semi-commercial properties, the new, specialist buy-to-let range is tailored for complex situations, and applies across both first and second charge loans.

The higher loan size of £2m is available for first charge applications on both the standard and specialist buy-to-let products, and spans most property types.

The maximum loan size for second charge has also been increased to £500,000.

The Commercial CEO of Together, Marc Goldberg, says: “We’re seeing continued demand for buy-to-let lending, with an increase of 44% in 2016, so we’ve developed this new product range to support property investors as they build their portfolios. 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.

“The buy-to-let sector is in a period of transition and, whilst there are a lot of changes taking place, it’s also an exciting time for the market as it adapts and evolves. 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.”

He continues: “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 common-sense 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.”

A recent study by Mortgages for Business suggests that landlords still have an appetite for future property investments – Together’s new, specialist buy-to-let range may have come at the right time!

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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