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