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NatWest’s top of the BTL chart

NatWest’s top of the BTL chart

Category: Buy To Let
Date: 31/08/2016

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 It is now over 6 months old so the content may be out of date.

NatWest has reduced its two-year fixed buy-to-let (BTL) mortgage rate for purchases by 0.23%. This has made the product competitive enough to enter the Best Buy chart in its sector at the number one spot.

The basics…

The purchase-only version of this mortgage now boasts a rate of 1.95% at 60% loan-to-value (LTV) fixed to 30.11.2018. It comes with an arrangement fee of £1,995.

The finer details…

The deal is offered to landlords wishing to buy a rental property, as long as they have the necessary deposit. It comes with the option to make overpayments, offering some welcome flexibility.

This mortgage is also available through Royal Bank of Scotland.

Why we like it…

The decreased rate on this BTL deal moves it straight to the top of the chart, comfortably earning its Moneyfacts rating and offering a highly competitive choice for landlords looking to start or expand their portfolio.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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