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Bananas Inc unveils B2L self-cert mortgage

National packager and branded lender Bananas Inc has launched a buy-to-let tracker that doesn’t require proof of rental income.

Funded by The Mortgage Business, the House 2 House mortgage is aimed at those whose rental income is not enough to qualify for a standard buy-to-let mortgage. Instead of rental income, the product uses self-certified income to assess affordability.

Sue Cox, business manager at Bananas Inc, says: “There are a lot of budding property investors out there who, because of house price rises, can’t get finance because their rental income does not cover lenders’ mortgage multiples and our product is designed for them.”

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