“This move also demonstrates our ongoing commitment to making improvements which enhance the customer journey wherever possible, acting on feedback from our valued brokers”
– Angela Norman – YBS Commercial
YBS Commercial Mortgages has expanded its buy-to-let offerings with a new Fast Track range, now available to borrowers.
The Fast Track products feature lower rates, a more streamlined process, and reduced documentation requirements, designed for straightforward, lower-risk buy-to-let cases backed by experienced portfolio landlords. The service is intended for properties of standard construction, with an Energy Performance Certificate (EPC) rating between A and C, and a minimum unit size of 35 square metres.
The lender has committed to issuing an offer, subject to valuation, within five working days, provided all supporting documents are submitted within 10 working days of application. Borrowers also have the option to use Title Insurance, where criteria are met, to accelerate completion.
If a case falls outside the Fast Track criteria but meets normal lending standards, YBS Commercial will offer an alternative product from its standard buy-to-let range.
The Fast Track range covers interest-only loans from £500K to £3 million, for both purchases and refinances. Eligible products include a five-year fix up to 65% LTV at a 4.40% rate with a 2% fee, or a five-year fix up to 75% LTV at 4.60% with a 2% fee.
Angela Norman, managing director at YBS Commercial Mortgages, said: “We’re really pleased to demonstrate our continued support for portfolio landlords with this new range.”
“The new service level agreement tailored specifically for this new product means we can provide clarity and certainty even earlier in the application process for those with more straightforward cases.”
“This move also demonstrates our ongoing commitment to making improvements which enhance the customer journey wherever possible, acting on feedback from our valued brokers.”