Principality BS reduces buy-to-let rate | Product News - Moneyfacts

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Principality BS reduces buy-to-let rate

Principality BS reduces buy-to-let rate

Category: Buy To Let
Date: 09/05/2013

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 It is now over 6 months old so the content may be out of date.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 cut the rate on its two-year fixed-rate buy-to-let deal by 0.20%, boosting its position in the best buy tables.

The basics…

The product offers a rate of 3.29% to 30.6.15 and has a maximum loan-to-value of 60%.

The finer details….

A fee of £999 is payable, £99 of which must be paid upfront.

Investors can borrow a minimum of £25,001 and a free valuation is offered to all customers. Those remortgaging will receive free legal fees.

Why we like it….

Already a strong performer in the fixed buy-to-let market, this new look mortgage should appeal to investors who are looking to keep their initial costs to a minimum. Four out of five Moneyfacts Stars have been awarded.


What next?

Speak to a BTL mortgage adviser
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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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