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Tuesday, January 26, 2010

Staffordshire Railway BS steam ahead with LTV increase

The Staffordshire Railway BS has just increased the loan to value available on it's buy-to-let loans from 50% to 60%.

The pay rate on this buy-to-let loan is 4.5% and the buy-to-let mortgage is available direct from the lender with no administration charge. Ideal for a landlord looking for no fee no nonsense buy-to-let loan from an old school lender.

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1 comment:

Simon Seaton said...

Worth bearing in mind that the Staffordshire Building Society just adopted the BSA's new Mortgage Instructions on the 3rd Jan 2010. See http://www.bsa.org.uk/mortgageinstructions/england_and_wales/?_handbook=england_and_wales&_lender=stafford_railway_building_society.htm&_type=combined&_view=View%20HTTP/1.0