YBS Commercial Mortgages reveal new five-year company BTL product

Warren Lewis
31st January 2020
to let commercial

Mutual lender, YBS Commercial Mortgages, has announced that it is expanding to its product range with the addition of a new five-year fixed rate Limited Company buy-to-let product.

Mike Davies, Head of Business Development, said: “We are responding to customer demand with the introduction of this five-year fixed rate Limited Company buy-to-let product. These products are currently the most commonly sold in the market, estimated to account for over 60% of lending volumes.

“Last year the buy-to-let market was expected to be worth £35bn, with Limited Company buy-to-let lending accounting for £3.5bn to £4bn of that total. The ratio of limited company to personal buy-to-let lending is expected to increase further in 2020.

“YBS Commercial Mortgages will be building a range of niche buy-to-let products in the coming months which will suit the needs of sector-specific borrowers. Our flexible, personal service model allows us to tailor loans to suit the individual needs of our borrowers.”

Related articles
More from Finance
Latest from Financial Reporter
Latest from Commercial Reporter