Marsden BS reduces buy-to-let rate - Buy To Let - News - Moneyfacts


Marsden BS reduces buy-to-let rate

Marsden BS reduces buy-to-let rate

Category: Buy To Let

Updated: 14/12/2012
First Published: 24/09/2012

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 It is now over 6 months old so the content may be out of date.

Marsden Building Society has reduced its two-year fixed rate mortgage deal, asserting its presence in the buy-to-let market and best buy tables.

The basics…

The deal offers a rate of 4.29% to 31.1.15 to buy-to-let borrowers.

The finer details….

The maximum loan-to-value is 75% and customers can borrow a minimum of £30,000. A fee of £299 plus 1% of the mortgage advance is payable. A free valuation is offered, whilst remortgage customers receive a £250 rebate.

Why we like it…

This newly reduced mortgage rate sits comfortably within the top ten two-year fixed buy-to-let products and as a result has been awarded four out of five Moneyfacts stars.

What next?

2 year fixed rate Buy to Let Mortgages

Can't find the right one in our Best Buys? Don't worry. If you are looking to borrow from £50,000 up to 80% of your home's value. speak to an expert Mortgage Adviser

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 Any products featured may be withdrawn by their provider or changed at any time.

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