KSEYE has launched a range of hybrid buy-to-let products for landlords in England and Wales.
The bridging lender says the range is available for houses in multiple occupation, multi-unit freehold blocks, holiday lets, ex-local authority houses and flats, as well as Grade II listed buildings.
The suite covers residential and mixed-use properties, up to a maximum of 30% commercial use for a property.
First-time property investors and portfolio landlords can apply, including residents and companies in the UK and overseas. There are no minimum income restrictions.
The hybrid loans have a two-year term, with a minimum loan amount of £150,000 rising to £4,000,000. Larger loans are available on referral.
The purchase property must have a value of over £200,000.
The range has three product tiers, with rates starting from 5.49%. Borrowers have the option to defer interest payments. Top slicing is available.
KSEYE founding partner and director Nikes Khagram says: “The hectic state of the property market during the stamp duty holiday has underlined the demand for bricks and mortar investments.
However, finding the right property finance solution is not always straightforward.
“With three product tiers and flexibility built in, this new range of products perfectly complements our existing bridging offering.
“We know that speed and flexibility are essential to our clients, and so the specialised BTL products will help investors overcome the unique challenges that come with acquiring and building a property portfolio.”
