Northern Rock cuts two-year BTL rates - Mortgages - News - Moneyfacts


Northern Rock cuts two-year BTL rates

Northern Rock cuts two-year BTL rates

Category: Mortgages

Updated: 17/12/2012
First Published: 29/05/2012

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 It is now over 6 months old so the content may be out of date.

Northern Rock has cut the rates on its buy-to-let two-year mortgages by 0.10%.

The 70% loan-to-value deal now has a fixed rate of 4.15% to 1 September 2014. This deal was already a Moneyfacts Best Buy and the reduction makes it the second lowest rate at this tier.

The flat fee of £1995 combined with a £500 rebate should attract buy-to-let investors wishing to keep costs to a minimum, whilst obtaining a competitive rate.

Four out of five Moneyfacts stars have been awarded.

Can't find the right one in our Best Buys? Don't worry. If you are looking to borrow from £50,000 up to 80% of your home's value. speak to an expert Mortgage Adviser

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