Excellent buy-to-let mortgage from Principality | Product News - Moneyfacts

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Excellent buy-to-let mortgage from Principality

Excellent buy-to-let mortgage from Principality

Category: Buy To Let
Date: 16/11/2015

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 It is now over 6 months old so the content may be out of date.

Principality Building Society has launched a new discounted variable rate buy-to-let (BTL) mortgage onto the market, earning it an excellent rating and a place in the Moneyfacts charts as a result.

The basics…

Priced at 2.60% variable (2.39% discount) to 31.12.17, this deal is available at 60% loan-to-value (LTV) and has an exceptionally low fee of just £99, ensuring its appeal to property investors.

The finer details…

Its competitiveness is enhanced by a generous incentive package of free valuation for all borrowers, while landlords who wish to remortgage their rental property can benefit from the added perk of free legal fees, too.

Remember, in order to secure a mortgage, credit card or personal loan you need to have a good credit rating. To find out if yours has a clean bill of health, contact a credit check provider, such as Experian Credit Expert to investigate your credit report.

Why we like it…

Principality's 60% LTV mortgage offers landlords a highly compelling deal, not only by offering a great rate and incredibly competitive fee, but also by boasting generous incentives, with remortgagors in particular likely to sit up and take notice.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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