The ban’s products offer finance up to 70% loan-to-value with rates from 2.44%.
State Bank of India is now offering its buy-to-let products through The Right Mortgage Network.
The ban’s products offer finance up to 70% loan-to-value with rates from 2.44%.
Stephen Banks, head of national sales for State Bank of India UK, said: "We are delighted that our buy to let mortgages are available through intermediaries such as The Right Mortgage, thus ensuring a wider distribution of our buy-to-let range.
“In particular, we believe Special Purpose Vehicle/Limited Liability Partnership mortgages will become more central in the market in the coming years. Furthermore, we have competitive products, and believe our range is a compelling offer for mortgage intermediaries."
Martin Wilson, chief executive of The Right Mortgage & Protection Network, said: “State Bank of India will be another fantastic addition to our panel, offering our members greater choice when sourcing for their clients’ buy-to-let needs.
“The products that SBI can offer will add significant value for our advisers.”
