Axis Bank UK to launch this month
Axis Bank UK will open its doors to lending on the 27th April via a restricted panel of specialist intermediaries.
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Mortgages for Business has, this afternoon, commenced an exclusive three-week pilot for the new buy to let lender to ensure that it delivers a positive experience for brokers.
Targeting experienced landlords with both a standard and specialist range, the rates start at 3.79% for a 2-year fixed rate to 75% LTV with a fee of 1.5%
Steve Olejnik, sales director at specialist broker Mortgages for Business said:
“We’ve been working closely with Axis in the run up to launch and I must say I’m very impressed with its new online submission platform. It’s easy to use and should help to make application processing pretty smooth. In addition to standard buy to lets, it has been designed to handle more complex propositions including limited companies and HMOs.
“The decision-making process will be quick and pragmatic too with all cases being assessed and negotiated individually. I think that brokers are going to be impressed with the attention to detail and level of customer service.”
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