BlueZest to sell through Connect for Intermediaries

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New buy-to-let lender BlueZest has started selling its buy-to-let products through the Connect for Intermediaries network.

 The lender’s products will be available to the network’s appointed representatives and directly-authorised brokers.

The BlueZest mortgage range has no early repayment charges after the first year, even on five-year fixed rate deals.

The range is available for individuals, companies and first-time landlords.

Rates start from 3.69 per cent for a 60 per cent LTV loan, with rates of between 5.25 per cent and 5.35 per cent at 85 per cent LTV for loans up to £500,000.

BlueZest will offer loans of up to 85 per cent LTV for properties in London and the South East.

The lender also offers short-term mortgages for conversions, refurbishments and new builds.

BLueZest will advance funds to landlords and developers for a period of up to 18 months, with rates available between 8 and 12 per cent, subject to affordability checks.

Connect for Intermediaries chief executive Liz Syms says: “I am sure our ARs and the brokers that use our packaging services will equally welcome the opportunity to offer these products.”

BlueZest chief executive Chris Slater says: “We have begun our launch to market with a small number of very specialised network and packagers. We wanted to introduce our products through partners who understand and specialise in the buy-to-let market and Connect for Intermediaries fits that bill perfectly.”

 

 

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