Those eligible for it include landlords remortgaging from another lender to repay their current outstanding mortgage on a like for like basis, small landlords, those with three or less buy-to-lets and portfolio landlords, those with four or more.
NatWest Intermediary Solutions has launched a simplified buy-to-let calculator, which it said makes the initial affordability discussions brokers have with customers quicker and simpler for most cases.
Those eligible for it include landlords remortgaging from another lender to repay their current outstanding mortgage on a like for like basis, small landlords, those with three or less buy-to-lets and portfolio landlords, those with four or more.
Mark Bullard, head of sales, NatWest Intermediary Solutions said: “We are happy to be launching the simplified Buy to Let calculator, on the strength of feedback we’ve received from brokers.
“We have reviewed our policy and are pleased we’re now be able to provide the market with an alternative lender option, signifying our intent to grow our market share in this sector.”
