Buy To Let Date:
Melton Mowbray BS has returned to the buy-to-let sector, launching a new 60% loan-to-value (LTV) discounted variable rate mortgage for investors.
This new discounted variable rate mortgage, priced at 2.79% APR for three years, is available to BTL customers who have a deposit of at least 40%.
The product is offered with a very low fee of £598 and includes an incentive package for remortgage customers of free legal fees.
This is now the lowest three-year discount available which, coupled with the very low fee, makes this an attractive proposition for the borrower with a 40% deposit.
Four Moneyfacts Stars have been awarded.
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