Platform brings BTL mortgages to a new level - 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.

Platform brings BTL mortgages to a new level

Platform brings BTL mortgages to a new level

Category: Buy To Let

Updated: 24/10/2011
First Published: 24/10/2011

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 It is now over 6 months old so the content may be out of date.

Platform has re-jigged its buy-to-let mortgage range for the better.

A number of its four year fixed rate deals have seen their rates reduced, amongst which is a new rate of 4.79% available to 31 January 2016.

Open to borrowers with at least 40% equity (60% loan-to-value), the deal has a low flat fee of £950, plus the incentives of a free valuation and for remortgages free legal fees.

Currently the lowest priced four year buy-to-let fixed rate mortgage around, this deal earns four out of five Moneyfacts stars.

However, it must be remembered that the range of lenders offering this term is very limited and the product is available via selected intermediaries only.

Find the best mortgage for you - Compare buy-to-let mortgages

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 Any products featured may be withdrawn by their provider or changed at any time.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