Buy To Let Date:
A rate cut of 0.20% has boosted this two-year deal's position in the intermediary-only buy-to-let market.
Offering a reduced rate of 3.04% to 31.7.15, this mortgage has a maximum loan-to-value of 60% and is available via selected intermediaries only.
A fee of £2,450 is payable either upfront or can be added to the mortgage advance.
All borrowers can take advantage of a £250 rebate and free valuation fees. Remortgage customers are also offered free legal fees.
Investors must be aware that Platform will not lend to self-employed professional property developers/landlords or in instances where an individual (and their associates) owns more than ten buy-to-let properties, including the application security.
This competitive mortgage should appeal to investors with larger deposits, due to a low rate and a host of generous incentives. Four out of five Moneyfacts Stars have been awarded.
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