Buy To Let Updated:
Hinckley & Rugby Building Society has cut the rate on its discounted variable rate buy-to-let mortgage deal, pushing it to the top of the best buy tables.
This deal offers a rate of 3.24% for two years (2.40% discount) and has a maximum loan-to-value of 60%.
Investors can borrow between £50,000 and £300,000 and overpayments can be made.
A combined fee of £1,249 is payable, of which £250 must be paid upfront.
This highly competitive mortgage has raced to the top of the variable buy-to-let chart due to its new rate and has been awarded four out of five Moneyfacts Stars.
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