Buy To Let Updated:
Principality Building Society has launched a competitive variable discount rate available to buy-to-let investors with deposits of 75% and over.
This deal offers a variable rate of 3.99% (1.00% discount) to 28.2.15, with a maximum loan-to-value (LTV) of 75%.
An arrangement fee of £999 is payable, £99 of which must be paid upfront.
Purchase borrowers will receive a free valuation, whilst those remortgaging are offered the additional incentive of free legal fees.
This two-year deal offers a good all-round mortgage package to landlords and investors. Four out of five Moneyfacts stars have been awarded.
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