New BTL Applications Temporarily Paused
Following very high volumes of applications received in recent weeks, State Bank of India (UK) Ltd has decided to temporarily withdraw our But to Let range to ensure we can maintain service standards and process all currently submitted applications in a timely manner
This decision was taken aften reviewing current demand levels against SBI’s processing capacity at this time and SBI (UK) Ltd fully intends to return to the market once we can ensure that new cases can be processed without incurring unnecessary delays.
SBI (UK) Ltd understands that this creates less choice for your and your clients at what we imagine is a busy time, but we are committed the Buy to Let mortgage market and will return with the wide range of BTL options for your clients that SBI (UK) Ltd can offer at the earliest opportunity
We thank you for your patience we will be in touch as soon as we are ready to launch our next range of products
In the meantime, if you have any questions, please contact your BDM/Branch Manager through your normal channels
