Building societies target buy-to-let investors
A number of building societies now offer excellent buy-to-let rates and two market leaders have been launched over the last few days.
The Skipton Building Society has a two-year fixed rate at 3.99% and it is available to investors with a 30% deposit. The arrangement fee is £2495 and it comes with a free valuation and legals service, if you remortgage to them.
Godiva Mortgages is part of the Coventry Building Society and they have made reductions to their rates for investors. The lowest rate that they offer is on their Flexx range and it is as low as 3.99% and the arrangement fee is £1249. Many of Godiva's mortgages have a free property valuation and do not have any early repayment charges - this means investors have a lot more flexibility.
Trinity Financial works with a number of national journalists and we were recently quoted in an article about buy-to-let mortgages.
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