Buy To Let Date:
NatWest has replaced all of its buy-to-let mortgages, with the pick of the bunch being a product that is available to first-time property investors at 75% loan-to-value.
This new two-year tracker product for mortgages up to 75% loan-to-value charges a rate of 4.15%, and comes with no set-up fees.
Incentives include free legal fees for those remortgaging.
The finer details….
Other changes include a new two-year variable tracker rate of 3.90% at 60% LTV and new fixed rates of 3.99% for two years, maximum 60% LTV; and 4.35% for two years, maximum 75% LTV.
Why we like it….
A competitive rate, no fee and generous incentive package ensure that the two-year tracker deal at 75% loan-to-value enters the Moneyfacts Best Buys. As an added bonus, this product is also available to first time BTL investors.
Fours our of five Moneyfacts Stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.
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