Tipton & Coseley Building Society has introduced several new products to its mortgage range, with a particular focus on limited company buy-to-let and expat borrowers.
A two-year fixed rate of 5.89% has launched for limited company buy-to-let purchases, available up to 70% LTV with a £1,999 fee.
Expat buy-to-let mortgages now start from 5.14% for new purchases at 70% LTV. This rate is fixed for two years and there is an arrangement fee of 2% of the total amount borrowed.
To support expat residential purchases, the Tipton has retained its existing three-year fixed rate of 5.70% but increased the LTV ratio from 80% to 90%.
A two-year fixed rate option is available for expat residential borrowers, also at 90% LTV. This product rate has been trimmed by 0.15% to 5.84% and the fee reduced from £1,499 to £999.
Elsewhere in its range, the Tipton has extended end dates to 31st October for selected residential and shared ownership mortgages.
Jason Newsway, chief commercial officer at Tipton & Coseley, said: “We constantly review our product offering to ensure brokers and their customers have greater choice to meet their borrowing needs.
“This includes landlords operating through limited company structures, expat borrowers and customers looking to access a home via shared ownership.
“Our focus remains on providing flexible, accessible and competitive products that help brokers place more cases with confidence.”
