Nottingham BS boosts variable buy-to-let rate - Buy To Let - News - Moneyfacts


Nottingham BS boosts variable buy-to-let rate

Nottingham BS boosts variable buy-to-let rate

Category: Buy To Let

Updated: 25/01/2013
First Published: 25/01/2013

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 It is now over 6 months old so the content may be out of date.

A flurry of product amendments in the discount buy-to-let market has seen Nottingham Building Society reduce its two-year deal by 0.30%.

The basics…

Now offering an attractive rate of 3.79% (2.75% discount) for two years, this deal has a maximum loan-to-value (LTV) of 75%.

The finer details….

An arrangement fee of £1,499 is payable, whilst generous incentives of free valuation and legal fees help for purchase and remortgage borrowers boost this mortgage's appeal further.

Why we like it….

This product should attract a fair amount of interest from buy-to-let investors looking for a competitive variable mid-term rate. Four out of five Moneyfacts stars have been awarded.

What next?

Compare BTL mortgages for new landlords
Speak to a BTL 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 Any products featured may be withdrawn by their provider or changed at any time.

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