If you’re looking for finance on your next buy-to-let and wish a product linked to the Bank of England Base Rate, here’s a new mortgage deal you may find of interest. This product is available for both remortgages and purchases.
The mortgage has the following features:
- Available for the purchase and remortgage of rental property to 60% loan to value
- 1.55% plus BBR until 1/11/18 with a current pay rate of 1.8% (4.52% APRC) reverts to lenders variable rate currently 4.74%
- 1% early repayment charge until 01/11/18
- £500 cash back payable upon completion
£995 lender arrangement fee (can be added to the loan) & £295 broker fee for RLA members (normally £495)
Interested? Contact RLA Mortgages today:
T: 0844 858 4420
Please note lenders have different minimum criteria requirements and not all landlords and property types will qualify for this specific product. For further information contact RLA Mortgages.
This is a financial promotion and in no way should it be viewed as a personal recommendation or advice. Before a recommendation/advice can be given you should seek independant mortgage or financial advice.
RLA Mortgages is operated exclusively for the RLA by 3mc, which is authorised and regulated by the Financial Conduct Authority. FCA No. 302992. ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Although the FCA regulate the way the majority of mortgages are sold, in most cases they do not regulate buy to let mortgages. This means you may have less protection if things go wrong with a buy-to-let mortgage. All calls are recorded for training and monitoring purposes.