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Tuesday, November 05, 2013

New BTL Equity Withdrawal Scheme

Expand your buy-to-let property portfolio with this innovative equity loan with Castle Trust, available via Property Hawk Mortgages.

The Buy-to-let Equity Withdrawal Scheme is an innovative equity loan that can help you expand your property portfolio. With a maximum LTV of 85% and no stress test, an existing landlord at 70% LTV would be able to double the size of their portfolio using this scheme.


Product overview
  • It’s an equity loan, secured via a second charge, of up to 20% of the property value and up to 85% LTV including the primary mortgage.
  •  There are no monthly repayments which means there is no debt service stress test. 
  • Loan is repaid at redemption, along with a share in any growth in property value over the term of the loan.

Suitable clients
  • The Buy-to-let Equity Withdrawal Scheme is perfect for landlords who want to grow their portfolio – quickly and efficiently
  • It will particularly suit landlords who want to gear up to the maximum possible limit – to 85% LTV – to accelerate growth of their portfolios
  • It will help those landlords who want to enhance the cashflow from their property portfolios
  • The product is particularly suitable for low yielding properties where conventional borrowing is constrained by the debt service stress test 




Tel: 01494 894639

Your home may be repossessed if you do not keep up repayments on your mortgages.  
The Financial Services Authority does not regulate some forms of mortgage.


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