Buy To Let Date:
Post Office Money has unveiled a new two-year buy-to-let mortgage, stealing a coveted place on the Moneyfacts charts thanks to its competitive terms.
This deal is open to second-time buyers and remortgagors with a 25% deposit. All borrowers can benefit from an incentive package of free valuation, while those looking to remortgage can also profit from the offer of free legal fees.
Some repayment flexibility is also offered with this mortgage; overpayments of up to 10% of the outstanding balance are permitted each year, giving borrowers the opportunity to pay off their loan more quickly.
This deal is a good all-round product, boasting an attractive rate as well as a generous incentive package, particularly for remortgagors. The ability to make overpayments also sweetens the deal, ensuring that it fully deserves a place in the charts.
Moneyfacts rating: Excellent
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