Complete offers 80% LTV buy-to-let lending

Complete FS has launched a new buy-to-let product range through Kent Reliance.

The mortgage distributor and packager says the new range is split into two distinct buy-to let propositions – one for standard landlords and the other for specialised landlords that includes HMOs, student lets and limited companies.

Both ranges include two and three-year fixed rates and two and three-year discounted rates.

Lending is available to first time buyers/landlords up to 75% LTV who can prove £25,000 income. Rates start from 4.69% for the standard range and 5.19% for loans to HMO’s, student lets and limited companies.

Tony Salentino, director at Complete FS, said: “The buy-to-let market is proving very buoyant in 2012 with many landlords wanting to increase their stock or indeed start with their first property. Kent Reliance recognise this and are keen to lend to all types of landlord and properties in the HMO/student arena.