Buy To Let Date:
Barclays Mortgage has launched a new five-year fixed rate buy-to-let (BTL) mortgage deal, which boasts the lowest rate for its terms and has therefore easily taken over the number one spot in the Best Buys chart for its sector, as well as the highest Moneyfacts rating.
The mortgage boasts a rate of 2.49%, fixed to 31.12.21. It's available at 65% loan-to-value (LTV), with a fee of £1,990.
The deal is offered to all landlords with the necessary deposit. It includes a generous incentive package for those looking to remortgage their rental property, consisting of free valuation fees as well as a choice of £200 cashback or free legal fees.
Due to its market-leading rate, this BTL mortgage easily manages to rise all the way to the top of the chart for its sector. Its incentives make the deal especially attractive to landlords wishing to remortgage, and certainly worthy of the highest rating.
Moneyfacts rating: Outstanding
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