em-homeloans, the branded lending division of em-, is offering a buy-to-let product in conjunction with rooftop mortgages.
The Rx product range features an LTV of 85%, with no proof of rental required and a 5.5% fixed rate with no overhang on mortgages and remortgages.
Simon Mouncher, operations director at em-, says: “This buy-to-let product is just one of the many products available from our branded lending partner rooftop mortgages. We are expecting this particular product to attract a significant level of business from our broker community especially when coupled with our popular free valuations no application fee offer.”
Alison Beech, sales and marketing director from rooftop, says: “Rooftop has been working hard over the last few weeks to refresh and develop our range to include lifetime trackers and some very competitive fixed rates including this buy-to-let product.
“Working closely with our packaging partners means we are well placed to respond to the needs of the intermediary community and this is just the start of our plans.”