BM Solutions offering 2.19% buy-to-let mortgage
BM Solutions (previously known as Birmingham Midshires) is offering one of the lowest buy-to-let fixed rate mortgages in the market.
The specialist buy-to-let lender has a two-year fix priced at 2.19% and it has a 2.5% arrangement fee. It has a maximum loan size of £1 million and after the fixed rate period the mortgage reverts to 4.34% over the Bank of England base rate, currently 4.84%. Borrowers will need to put down a 40% deposit to secure the rate.
Aaron Strutt, product manager at Trinity Financial, says: “If you would like to access BM Solutions rate one of the conditions is that you have to use their conveyancing service. There is real competition in the mortgage market and many of the lenders are looking to attract more buy-to-let clients.”
If you would like help to secure a buy-to-let mortgage, call Trinity Financial on 020 7016 0790.
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