A BTL beauty from Nottingham BS - Buy To Let - News - Moneyfacts


A BTL beauty from Nottingham BS

A BTL beauty from Nottingham BS

Category: Buy To Let

Updated: 19/10/2011
First Published: 19/10/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Nottingham BS has launched a new buy-to-let mortgage that is likely to catch the attention of investors with the necessary 40% deposit.

The fixed rate is available for direct business and from selected brokers and offers a rate of 3.59% on a maximum loan-to-value (LTV) of 60% to 1 January 2014.

Whilst only at 60% LTV, this is the lowest rate now available for this term. This mortgage has a flat fee of £1999.

With an incentive package of free valuation for all and free legal fees for those remortgaging, this product should prove attractive.

Four out of five Moneyfacts stars have been awarded.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Number of parent landlords on the rise

The cost of renting is on the rise, but would it cheaper if you were renting from your own parents? Many children of property moguls will hope so, and with the number of parent landlords on the rise, it’s something more and more could benefit from.

Landlords: BTL mortgage rates are still falling!

The cut to base rate has had a welcome impact on mortgage rates, and it isn’t only residential borrowers who are benefiting: buy-to-let (BTL) investors are continuing to enjoy a fall in rates, particularly those looking for a longer-term deal.

Landlords – are you embarrassed about being one?

Becoming a landlord is often touted as a way to secure valuable income and build a nest egg for the future, yet once that dream has been realised, many property moguls are actually embarrassed to admit their vocation.