Darlington BS re-enters buy-to-let market - Mortgages - News - Moneyfacts

News

Darlington BS re-enters buy-to-let market

Darlington BS re-enters buy-to-let market

Category: Mortgages

Updated: 30/09/2010
First Published: 29/09/2010

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 It is now over 6 months old so the content may be out of date.

Darlington BS has returned to the buy-to-let market after a long absence with the launch of a discounted variable rate.

Priced at 4.99% to 31.10.13, which is 0.96% off the lender's standard variable rate, it has a very low £574 fee and is available up to 70% loan-to-value.

With the majority of products having percentage fees the £574 fee makes this deal look very attractive.

Being available to first time buyers is another feature which makes this deal well worth considering for those with the necessary 30% deposit.

Four out of five Moneyfacts stars have been awarded.

Find the best buy to let 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 Any products featured may be withdrawn by their provider or changed at any time.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

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.

Fee-free mortgages on the rise

Mortgage rates may be at record lows, but for some people, the extra costs associated can make switching deals a financial impossibility. It’ll come as welcome news, then, that the number of fee-free deals has more than doubled over the past year!
 
Close