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

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

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

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 Any products featured may be withdrawn by their provider or changed at any time.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

Buy-to-let mortgage availability drops

It’s been a turbulent year for buy-to-let (BTL), with Government interventions impacting the sector and activity dampening as a result, and our latest figures reveal the largest drop in the number of available mortgage products since 2009.

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.
 
Close