SMS will be marketing the full Rooftop product range.
The range is highlighted by a 90% buy-to-let (BTL) product aimed at the serious investor with fixed rates from 5.99%. Among other enhancements are:
• Very Light adverse extended to 95% loan-to-value (LTV) on status only. Two-year fixed at 6.60% and two-year discount at 6.24%.
• Lender fees can be added to all loans – even above 95% LTV
• Heavy adverse (exc. right-to-buy) extended to 80% LTV.
Ian Balfour, sales and marketing director for SMS, said: "Rooftop has been a valuable lending partner in the past and this new product range will be very welcome with our introducers. Rooftop has rethought its distribution strategy and we are pleased that they have placed such faith in us and our intermediary support."
Alison Beech, business development director of Rooftop, commented: “SMS has been a crucial partner for us and we were keen to ensure that they remain a major part of our focussed distribution policy going forward.”
