My mortgage broker has been in touch and has told me that one of his favourite lenders, who incidentally also happens to be one of my favourite lenders and with whom I have multiple mortgages, has revamped their buy to let mortgage product range again.
And they’ve brought back an 80% LTV buy to let mortgage!
So here are the brief details.
5 year fixed
Product fee – NIL
Free mortgage valuation
£299 application fee
APRC – 4.20%
Available on single self-contained properties (SSC)
EPC Rating A, B or C Only
You’ll see that the only drawback is that the product is only available for properties which have an EPC rating of C or above .
That means that for me, I wouldn’t buy properties using this product, as I like to buy properties that need a refurb, and invariably they have a much lower EPC rating.
But an 80% LTV product for a refinance after 6 months , once the refurb is finished is perfect.
If you’d like me to put you in touch with my mortgage broker, please email me:
Here’s to Successful Property Investing.
(ex) Chartered Surveyor, author and property investor
- By the way, I’ve rewritten and updated my best-selling e-book, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same.
For more details please go to: