Birmingham Midshires offering leading buy-to-let mortgages
Trinity Financial has access to Birmingham Midshires leading buy-to-let purchase and remortgage rates.
Birmingham Midshires (now BM Solutions), the broker-only lender, is offering a decent two-year fixed rate at 3.14%. It has a £1,495 arrangement fee - although for mortgages up to £250,000 the arrangement fee is lowered to £995.
Borrowers require a 40% deposit to access this rate and it has a generous maximum loan size of £1 million. After the fixed rate the mortgage reverts to Bank of England base rate plus 4.34% - currently 4.84%.
Aaron Strutt, product manager at Trinity Financial, says: “There is real competition in the buy-to-let mortgage market and the lender’s regularly undercut each other to top the best buy tables.
“We regularly help landlords to switch to lower rates and release equity from properties, often to expand their portfolio.”
Call Trinity on 020 7016 0790 to secure a buy-to-let mortgage.