Pluto Finance has launched a new lending product for professional landlords in the UK’s private rental sector.
With loan sizes from £5m to £50m, Pluto Finance will provide loans of up to 65% LTV for fixed terms of 10 years or longer at a margin of c. 2.5%.
Simon Chapman, pictured, Lending Director, Pluto Finance, comments:
“We are delighted to be able to announce the launch of our residential investment term lending programme. We are looking to fund professional landlords with unbroken blocks of flats in major towns and cities throughout England and Wales.”
Combined with our market leading rates for residential development funding, we can now provide full-cycle development and investment finance for PRS landlords on very attractive terms.”