Principality BS cuts mortgage rate | Product News - Moneyfacts

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Principality BS cuts mortgage rate

Principality BS cuts mortgage rate

Category: Buy To Let
Date: 29/07/2013

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 It is now over 6 months old so the content may be out of date.

Principality Building Society has reduced its two-year variable buy-to-let rate by 0.10%, asserting its position in the Moneyfacts Best Buy tables.

The basics…

This mortgage offers a new variable rate of 3.49% to 31.8.15 and has a maximum loan-to-value of 60%.

The finer details….

Available directly or via intermediaries, this deal has a £99 upfront arrangement fee.

Incentives of a free valuation and £99 rebate are offered to all borrowers, whilst those remortgaging will receive free legal fees.

Why we like it….

A rate cut to this already highly competitive mortgage will please investors with deposits of 40% and over. Four out of five Moneyfacts Stars have been awarded.

What next?

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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