Lenders offering leading buy-to-let mortgage rates
For many buy-to-let landlords increasing the number of properties they own is still an important part of their long term growth plans.
Mortgage lenders are also showing no signs of limiting their appetite to lend more money. For example, earlier this month Clydesdale Bank increased their maximum buy-to-let loan size from £500,000 to £1 million.
Trinity Financial has access to NatWest for Intermediaries' lowest two-year buy-to-let fixed rate at 2.99%. It is available to borrowers with a 40% deposit and the arrangement fee is £1,495. The maximum loan size is £500,000.
BM Solutions, the broker-only buy-to-let lending arm of Lloyds Banking Group, is offering a leading two-year fixed rate at 3.39%. The mortgage has a low £995 arrangement fee and also offers £500 cash back on completion. Borrowers will need to put down a 40% deposit and the mortgage is available to a maximum of £1 million.
If you would like help to secure a best buy mortgage, call us on 020 7016 0790.
October 18, 2013