Buy To Let Date:
Post Office Money has launched a competitive two-year fixed buy-to-let (BTL) deal onto the market, earning it an 'excellent' rating and a coveted chart place in the process.
This deal has a competitive rate of 2.28% fixed until 31.7.18, enabling it to stake a solid claim to a chart place. It is available at a loan-to-value (LTV) of 70% and has a fee of £1,995.
Second-time borrowers and landlords who are looking to remortgage their rental property are welcome to apply for this deal and can benefit from an incentive package of free valuation. Remortgagors can also benefit from free legal fees. Taking out this deal also gives the borrower the opportunity to make overpayments of up to 10% of the outstanding balance.
This newcomer is bound to attract attention thanks to its competitive rate and appealing incentive package. Landlords who are looking for an attractive short-term deal are also likely to welcome the option to make overpayments, which gives them a degree of repayment flexibility.
Moneyfacts rating: Excellent
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