Axis Bank targets experienced landlords with three or more properties. It will accept HMOs with up to six bedrooms, multi-units on one title, holiday lets and expats.
Axis Bank Head of Buy-to-let Mortgages, Andrew Ferguson, said:
“We are pleased to be working closely with the team at Connect and are sure they will prove a valuable addition to our panel. We operate a tight distribution network, with our approach being focused on building strong partnerships with major specialist distributors who share our passion for service delivery and supporting brokers generally. I have worked with some of the key staff at Connect in the past and appreciate the professional approach they adopt and have been impressed with the growth in their business over the past year. Early signs are they will be keeping us busy as we cater for some of the niches they are active within.”
Connect for Intermediaries Sales Director, Kevin Thomson, added:
“We’re delighted to have been appointed by Axis Bank as a Key Distributor and are looking forward to helping them achieve their strategic goals over the coming months.
“As a specialist BTL Network we are keen to support our ARs with lenders that deliver the products to meet their clients’ requirements. This ethos is then extended to our packager lender panel for the wider broker market who can access our Buy to Let Help Desk for assistance and packaged solutions. Axis Bank have a flexible approach to lending with niche criteria in key areas and I am therefore confident that their products will be warmly received by our broker community.”
