Case Study –Buy-to-Let Remortgage

Property Value £300,000
Loan Amount £206,000
Location Croydon
LTV 68%
Achieved Rate 4.69%
Completed April 2023

The Client

Our client required assistance remortgaging their buy-to-let property before rolling onto the lender’s Standard Variable Rate (SVR). The property in question had obtained an EWS1 rating of B2, which highlighted the requirement for remedial works. Previously, the property had been granted a ‘consent to let’ basis, as the client had occupied the premises. However, a full buy-to-let basis was now required.

professional man smiling and looking at paperwork