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The Melton Building Society

Buy to Let Just Got Better at the Melton

07/08/2018

We have made a number of enhancements to our buy to let proposition:

• Leasehold included – we will now consider leasehold as well as freehold properties for our Buy to Let mortgages up to a max LTV 60%.

• Max loan size increased – we’ve increased our max loan size from £250k to £500k for all our Buy to Let products.

• Holiday Buy to Let – Holiday Let income for new Holiday Buy to Let mortgages will now be based on the average of low, medium and high seasonal data received from a letting agent with relevant experience in the area of the property and taking 80% as a max occupancy rate.

For full details of our products and criteria, please take a look at our Buy to Let Hub. If you have any enquiries, please call our Broker Support Team on 01664 414144.

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