B & W change criteria

Across all Buy-to-Let mortgages, irrespective of the portfolio size or loan value the rental cover requirement is now calculated on:

· 125% of the loan repayment using our nominal rate or the payable rate

for fixed rate products of 3 years or more ( previously five years or more)

To make borrowers lives easier, the following criteria enhancements have now been introduced:

· Clients can borrow for up to 10 properties ? maximum total lending is now £1.5 million

· Individual loans are now available up to £350,000 up to 85% LTV

Buy-to-Let loans are available for purchases and remortgages in England, Scotland and Wales and now include:

· Purchases with existing tenants in England and Wales

· Remortgages with existing tenants in Scotland

Dominic Toller, Head of Marketing at Bristol & West Mortgages said, "Over the years, we have gained considerable knowledge of the Buy-to-Let market and saw opportunities for simplifying our Buy-to-Let proposition. Our new criteria are extremely easy to understand, which is great news for brokers and their clients alike."

Landlords looking to Buy-to-Let for the first time, or more experienced landlords looking to expand their portfolio, will benefit from the simplicity of Bristol & West Mortgages' Buy-to-Let solution."

Brokers can find out more about Bristol & West's new range of mortgage offers on 0117 943 7755 or at www.bristolandwest4brokers.co.uk