Buy To Let Updated:
See best buys
Penny says… "Leading the way in the five-year fixed market is this deal from Accord Mortgages, available via selected intermediaries online.
"Investors must be aware that there are two parts to the arrangement fee, with the lower sum of £195 required upfront. The additional 1.75% of the borrowing amount can either be paid upfront or can be added to the advance."
Birmingham Midshires Solutions
Penny says… "This deal, available online via intermediaries, offers an appealing mortgage package to investors.
"Despite being exclusively available to borrowers who conduct their conveyancing through BM Solutions, this deal should attract a fair amount of interest from investors looking for a competitive long-term rate."
Penny says… "Sitting in bronze position is this competitive deal from Virgin Money, available either directly or via intermediaries.
"As well as offering a best buy rate of 4.09%, borrowers also have the flexibility to make overpayments of up to 10% of the outstanding mortgage amount."
Penny says… "This deal offers a competitive rate to investors looking to borrow up to 60% of the property value.
"Available online via intermediaries, the product has a split fee of £275 and 2.50% of the mortgage amount, which can both be paid either upfront or added to the advance."
Skipton Building Society Bond 1st Issue
Penny says… "Available directly or via intermediaries, this competitive mortgage just makes it into the top five.
"Despite offering a slightly higher rate than its competitors, this deal has a reasonable combined fee of £995, as well as generous incentives for remortgage customers, so should appeal to investors looking to keep initial costs down."
Information & Rates correct as at: 27/02/2013
Speak to a BTL mortgage adviser Compare BTL mortgages for new landlords Buy to let guides
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.