Buy To Let Date:
Principality Building Society has sprung a highly attractive three-year discounted variable buy-to-let mortgage onto the market, earning it the top Moneyfacts rating as a result.
This mortgage has a discounted variable rate of 3.20% (1.79% disc) until 28.2.19, the lowest rate currently offered in its sector. It is available at a loan-to-value (LTV) of 75% and, unusually, has absolutely no product fees.
This deal is offered to second-time buyers and those looking to remortgage their rental property. An enticing incentive package of free valuation is offered to all applicants, while remortgagors can also profit from free legal fees.
This newcomer is bound to attract attention from landlords thanks to its eye-catching rate and the complete absence of any product fees. Enhancing the offer yet further is the appealing incentive package, which should find an audience with remortgagors in particular. This is an outstanding product that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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