L&C adds BTL expert Quantum to panel – Home loan Finance Gazette

L&C has added expert get-to-allow monetary establishment Quantum Mortgages to its panel.

Brokers at L&C Home loans will now have receive to Quantum’s whole merchandise range.

For single-device flats or residences it is going to lend up to 80% LTV and offers refinance bridging loans with a day an individual remortgage.

For multi-device freehold blocks, properties in various career with up to 6 bedrooms and vacation getaway lets, its optimum LTV is 75%.

Quantum’s expert array covers home kinds that may be powerful for landlords to home loan, comparable to semi-business premises, ex-regional authority flats up to 12 storeys larger and modest studios, all with no highest age for the borrower.

The monetary establishment will go up to 75% LTV for debtors dwelling overseas who wouldn’t have Uk residency, so extended as they very personal at minimal only one different monetary funding home.

It additionally has a good extra skilled array often called QML Professional for properties and situations that don’t match the frequent Quantum Mortgages situations.

Quantum Mortgages head of networks and golf equipment Spencer Gale claims: “As the choice one specific cost-free mortgage dealer, L&C have developed unrivalled sensible expertise and experience on this sector.”

He suggests Quantum’s proposition for the seasoned and specialist landlord will incorporate worth for L&C’s brokers and shoppers.

L&C fundamental connection officer Simon Hendy claims: “This partnership presents our advisers with receive to one other good expert monetary establishment whose product presenting is extremely broad and can doubtless help them to find the suitable strategies for his or her shoppers.

“Quantum includes a specific and prevalent-perception underwriting method that matches in very properly with our very personal dedication to convention purchaser requires and presenting an elevated shopper expertise.”