Once again, one of my favourite lenders has ‘delivered’ by tweaking their buy to let mortgage product range.
Here’s a quick heads up on the main terms:
For Personal ownership and limited company
Includes Portfolio landlords, up to 20 properties to a total value of £10m with this lender, unlimited with other lenders
NEW 5 year fixed at 3.39% with fee reduced to 1.5%
NEW 2 year fixed at 2.99% with 1.5% fee, refunded valuation fee (max £630) and £300 cashback
NEW 5 year fixed at 3.49% with 1.5% fee, refunded valuation fee (max £630) and £300 cashback
If you’d like full details I’m very happy to introduce you to my mortgage broker. Just email and I’ll put you in touch.
Just to be clear, I really don’t mind if you don’t use my mortgage broker, but when applying for finance (especially specialist finance like buy to let finance) you do need to use A mortgage broker.
That’s why I’m not telling you who the lender is. If I did name the lender, despite my warnings, someone will try and apply direct.
But (most) lenders don’t want you to apply direct. They want you to use an intermediary who understands the market and who can confirm that this is the best mortgage product for you.
And I should say, if you do contact my broker and you end up doing business together, he will pay me a small commission. As far as I know, this doesn’t affect you as he doesn’t charge you extra, he just shares with me a small part of the fees he’d receive anyway.
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: