Nottingham BS cuts buy-to-let rate | Product News - Moneyfacts

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Nottingham BS cuts buy-to-let rate

Nottingham BS cuts buy-to-let rate

Category: Buy To Let
Date: 12/04/2013

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 It is now over 6 months old so the content may be out of date.


Nottingham Building Society has reduced the rate on its three-year fixed buy-to-let mortgage by 0.19%, pushing it further towards the top of the medium-term market.

The basics…

This revamped deal offers a rate of 3.79% to 1.7.16 to investors with deposits of 25% and over.

The finer details….

A fee of £1,999 is payable, of which £499 is required upfront.

A minimum advance of £30,000 can be borrowed either via selected intermediaries or directly.

A free valuation is offered to purchase borrowers, whilst those remortgaging will receive free legal fees.

Why we like it….

This fixed rate mortgage should appeal to investors looking for a competitive mid-term rate. Four out of five Moneyfacts Stars have been awarded.


What next?

Speak to a BTL mortgage adviser
Compare 3 year fixed BTL mortgages
Compare 2 year fixed BTL mortgages
Compare BTL mortgages for new landlords

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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