Quantum Mortgages has launched a limited-time mortgage product, the Single Unit Exclusive Edition, offering property investors a 4.99% interest rate.
Aimed at single-unit investments, the product features a maximum loan amount of £1.5m and up to 75% loan-to-value (LTV).
This offer is designed for experienced investors, with rental income requirements set at 125% of the interest-only mortgage payment for standard-rate taxpayers and 145% for higher-rate taxpayers.
Harsha Dahyea, head of sales at Quantum Mortgages, said: “The Single Unit Exclusive Edition is a game-changer for Quantum Mortgages.
“With a competitive 4.99% interest rate and flexible terms, it provides a unique opportunity to maximise returns on investment, however, this is for a very limited time and when it’s gone, it’s gone!”
The product is available to investors with up to three existing buy-to-let properties and includes various property types such as standard houses, bungalows, and certain flats, with specific eligibility criteria.
Offered only in England and Wales, it supports a range of tenancy agreements and has no minimum income requirement for applicants, who must be between 21 and 85 years old at the term’s end.