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B&W announces simplified buy to let criteria

Bristol & West has announced simplified buy-to-let criteria including for first time or more experienced landlords looking to expand their portfolio.

The rental cover is now calculated on 125 per cent of the loan repayment using B&W&#39s nominal rate or the payable rate for fixed rate products of three years or more.

Clients can borrow for up to 10 properties and up to £1.5m. Individual loans are available up to £350,000 up to 85 per cent loan to value.

Loans are now available for purchases with existing tenants in England and Wales and remortgages with existing tenants in Scotland.

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