Loans Warehouse is the first secured loan specialist to launch the Portal Portfolio product to intermediaries as previously the product has only been available through mortgage packagers.
It offers secured loans for buy-to-let properties up to 80% LTV, which is 15% above the current market leader and rates start at 10.8% APR on both BTL and residential properties.
Matt Tristram, owner of Loans Warehouse, says: “Intermediaries rely on us to bring the best secured loan products to the market. Already this year we’ve added Jigsaw Money and Central Lending to our panel, but the addition of Portal Portfolio with market leading LTVs and rates on BTL properties is something new.”
Tim Moore, managing director of Portal Portfolio, says: “Loans Warehouse are a well respected and highly proactive organisation and we are delighted to be working with them. They are very switched on when it comes to providing niche customers with the best opportunities, and we are confident our BTL offer in particular is going to prove popular with Loans Warehouse’s customers.”