New market leading buy-to-let mortgages
Building societies looking to increase the amount they lend are lowering their buy-to-let rates, as they continue to undercut high street banks.
Leeds Building Society is lowering the cost of its investment mortgages by up to 1.30%. Their best two-year fix is now 3.99% and it has a £999 arrangement fee. They require a 30% deposit.
Skipton Building Society has launched a five-year fixed rate at 4.89%. It is available to investors with a 30% deposit and it has a 2% arrangement fee
September 9, 2011