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Trinity secures access to State Bank of India lending panel

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Trinity Specialist Finance has secured access to the State Bank of India’s buy-to-let and limited company mortgage range.

India’s largest bank has been operating in the UK for over 95 years. It provides mortgages between £50,000 and £3 million and a selection of its rates have no arrangement or booking fees.

Dinesh Gulati, Head of Retail Credit for the State Bank of India (SBI), was quoted as saying: “The buy-to-let market has witnessed slew of changes, be it portfolio landlord rules or tax changes favouring SPVs.

“SBI has been on top of things to ensure that we are in line with market and better placed to suit the need of buy-to-let borrowers. We now accept exposure to 25 properties and our rates for SPVs are as low as 2.59%.”

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