Buy To Let Date:
Leek United Building Society has increased the discount of its two-year discounted buy-to-let mortgage, earning it a four-star review for its competitive terms.
This mortgage now has a variable rate of 2.99% (2.20 disc) and is available at a loan-to-value (LTV) of 75%. A low fee of just £199 is payable.
This deal is available to second-time buyers and those looking to remortgage. Although there is no incentive package, borrowers can profit from the option to make overpayments of up to 10% of the mortgage advance per year.
The increased discount of this mortgage has boosted its competitiveness, something that is not likely to go unnoticed among landlords. The low fee and option to make significant overpayments add to the overall appeal and ensure that this deal deserves its four-star status.
Four Moneyfacts Stars have been awarded.
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