The product is available with a maximum loan to value of 75% and rental calculation of 125% at 6.75%, ahe £1,599 arrangement fee can be added to the loan. This deal is available for remortgage only with free valuation and free legals included.
Sally Laker, Managing Director, Mortgage Intelligence comments: “We are delighted to offer this competitive deal exclusively to our Appointed Representative members. It is testament to the strength of our relationship with RBS IP that Mortgage Intelligence has been selected as the sole distribution channel for this product. Our Appointed Representatives have the benefit of not only access to this fantastic product but also the reassurance that they will receive prompt procuration fee payment within 48 hours of completion.”
Steve Carruthers, Head of Corporate Account, RBS Intermediary Partners added: “We have been working closely with Mortgage Intelligence to develop products that are right for their advisers and their clients. I am delighted to be able to launch this new deal that not only demonstrates our commitment to the intermediary sector but also recognises the benefits of taking a collaborative approach with our business partners.”
