A New Year, and New BTL Mortgage Rates
I’ve had some very good news from my (very good) mortgage broker.
One of my favourite lenders have just relaunched their Buy to Let product range which is very positive.
- 2 year fixed rate 2.79% with 1.5% lenders completion fee up to 75% LTV.
- 5 year fixed rate 3.39% with 2% lenders completion fee up to 75% LTV.
- 5 year fixed rate 3.49% with 1.5% lenders completion fee up to 75% LTV.
This lender will lend up to 20 properties per applicant & ignore all other B2L mortgages with other lenders.
And these rates are available to both Ltd Co (SPV) and/or individuals.
My broker says that this lender’s underwriting is notably more efficient than some other lenders right now, which is particularly relevant with the stamp duty holiday window looming in 2 months’ time.
If you’d like to know more, or if you’d like to explore all of your finance options with my very good mortgage broker, then please email me
and I’ll happily put you in touch.
Here’s to Successful Property Investing.
Peter
Peter Jones
(ex) Chartered Surveyor, author and property investor
https://www.ThePropertyTeacher.co.uk
PS. 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:
https://www.ThePropertyTeacher.co.uk/the-successful-property-investors-strategy-workshop