Capital Home Loans offers brokers Xmas bonus

As a sales incentive in the run-up to Christmas, Capital Home Loans is giving away 10 Marks & Spencer gift vouchers for every submitted non-regulated buy-to-let mortgage application.

The lender, which also includes the Irish permanent brand, is to send brokers a 10 gift voucher within five working days of receiving each mortgage application.

The vouchers are additional to the procuration fee and are available for all non-regulated buy-to-let applications received before January 14 2005.

Mike Healy, head of sales at Capital Home Loans, says: “We wanted to give all our intermediary partners a big thank you for helping us reach record levels of lending in 2004, and thought that gift vouchers at this
traditionally expensive time of the year would be particularly welcome.”

For brokers to maximise the number of vouchers they are sent, CHL advises them to draw their client’s attention to the top features of the lender’s buy-to-let products.

These include, buy-to-let discounted rates from BBR + 0.99% for 85% LTV, no tie-in trackers at BBR + 1.24% for 85%LTV,125% rent cover calculated on the actual rate taken, with same rates available to limited companies and individuals and student lets and other property portfolios welcome.