Indian bank set for launch into UK buy-to-let market
One of the biggest private banks in India is about to launch into the UK buy-to-let market, according to Mortgage Strategy magazine.
Axis Bank UK is expected to be lending by the end of March and will be operating solely through intermediaries.
This bank will reportedly be targeting professional landlords with buy-to-let mortgages, but it is also expected to specialise in limited company finance and lending to expats.
Aaron Strutt, product manager at Trinity Financial, says: "Earlier this month the State Bank of India stepped back into the buy-to-let mortgage market after an 18 month absence. The bank is offering a range of buy-to-let, special purpose vehicle and limited liability partnership mortgages."
If you would like help to secure a buy-to-let mortgage, call Trinity on 020 7016 0790.
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