The key enhancements include:
• Up to 90% loan-to-value (LTV) now available across the range
• Choice of rental income calculation: 120%, 110% or 100% rental coverage all at the product pay rate
• Lifetime tracker rates with no ERCs
• Very Near Prime buy-to-let range introduced - available across both rental income and rental and earned income options
Freedom have also enhanced a number of their buy-to-let rates, which include a two-year tracker with rates starting from 5.78% and a three-year tracker with rates starting from 5.73%. Full product and rate details are available on Freedom's website.
Marketing director Mel Dring said: “These enhancements make Freedom Lending’s buy-to-let product range extremely competitive. We anticipate that the choice of rental calculation now available through Freedom, along with our very popular rental and earned income product will be widely welcomed.”
