SimplyBiz Mortgages adds Gatehouse Bank to panel

SimplyBiz Mortgages has expanded its panel with the addition of Gatehouse Bank, which offers buy-to-let property finance for both UK residents and expat/international clients.

Related topics:  Mortgages
Rozi Jones
19th June 2018
martin reynolds simplybiz
"Gatehouse Bank is a really attractive proposition for brokers operating in the buy-to-let market, and I am pleased to welcome them"

Features of its offering include no limit on the number of properties financed and enhanced procuration fees for portfolio landlords, no early payment charges and finance provided on up to 80% of the property value, up to £5m, over a maximum 30 year term.

Martin Reynolds, CEO of SimplyBiz Mortgages, commented: “Gatehouse Bank is a really attractive proposition for brokers operating in the buy-to-let market, and I am pleased to welcome them to the SimplyBiz Mortgages panel.

“I was particularly impressed with the level of service and range of efficiencies – including an end-to-end online application system and BDM support both through a helpdesk and face-to-face – that Gatehouse Bank have introduced to make the advice process work more smoothly for intermediaries and, ultimately, their clients.”

Paul Stockwell, chief commercial officer of Gatehouse Bank, added: “We are delighted to join the SimplyBiz Mortgages’ panel and look forward to working in partnership with them. Our buy-to-let product offering coupled with our broad finance criteria will provide their intermediary network with a greater choice of options to meet the needs of both their UK and overseas clients.”

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