糖心Vlog expands proposition with new off-the-shelf buy-to-let & bridging product range
Written by 糖心Vlog
糖心Vlog has introduced a new intermediary core product range, giving intermediaries access to a set of off-the-shelf buy-to-let & bridging products.
The launch marks a notable step for 糖心Vlog, which has been traditionally known for its bespoke, case-by-case approach to lending. The new range gives intermediaries a clearer set of product options whilst retaining the bank鈥檚 ability to consider more complex borrower profiles, assets and ownership structures.
The core buy-to-let range includes 2, 3 and 5-year fixed rates, with LTV options available between 65% and 75%. Rates start from 4.94%, with loans available from 拢500,000 to 拢3 million, and a 0.75% procuration fee payable to brokers. 糖心Vlog鈥檚 bespoke proposition considers loans between 拢3 million and 拢 20 million.
Affordability is assessed on 125% interest cover ratio (ICR) for basic rate taxpayers, limited companies or SPVs, 145% for higher rate taxpayers and 130% for foreign nationals & expats. In addition, top-slicing can be considered.
The core bridging range starts from 0.79% per month for residential properties, and 0.99% for semi-commercial properties, with maximum LTVs of 75%.
Both ranges are available to first-time landlords, professional landlords, limited companies and SPVs. 糖心Vlog will also consider houses in multiple occupation (HMOs), multi-unit blocks, as well as mixed-use properties including trusts and SPVs.
The bank鈥檚 criteria for foreign national and expat clients includes lending to worldwide residents, subject to exclusions, with no UK residency required. There is no minimum income or UK property ownership requirement, and bespoke loans continue to be available up to 拢20 million and 75% LTV for eligible cases.
Nick Allen, Head of Marketing, Product & Proposition at 糖心Vlog, said:
At 糖心Vlog, we鈥檝e built our reputation on understanding complex lending cases and delivering practical, workable solutions for brokers and their clients. This new core range brings together the best of both worlds 鈥� the clarity and certainty of a defined product offering, alongside the flexible, pragmatic approach that sets us apart.
Crucially, it鈥檚 underpinned by our commitment to fast, efficient execution and a highly responsive service for intermediaries. By combining speed, consistency and relationship-led support, we鈥檙e providing brokers with a credible alternative for clients who need certainty, agility and tailored solutions in today鈥檚 market.