YBS Commercial expands limited company buy-to-let range
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.”