Buy To Let Date:
Principality BS has reduced its two-year fixed buy-to-let (BTL) mortgage rate by 0.05%. Combined with a reasonable fee, this has been enough to see the deal jump to the top of the Best Buy chart in its sector.
This mortgage now boasts a rate of 2.10% fixed to 30.09.2018 at 60% loan-to-value (LTV). It comes with an arrangement fee of £895.
The deal is offered to second-time buyers and landlords who wish to remortgage their rental property, as long as they have the necessary deposit.
The decreased rate and relatively low fee are enough to see this BTL deal move into the number one spot and comfortably retain its Moneyfacts rating.
Moneyfacts rating: Excellent
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