Principality BTL reaches the top | Product News - Moneyfacts

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Principality BTL reaches the top

Principality BTL reaches the top

Category: Buy To Let
Date: 25/08/2016

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.

The basics…

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 finer details…

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.

Why we like it…

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

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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