Resident buy-to-let broker - latest deals

Buy to Let Product Update

So talking of remortgages lets look at a few:

1. BM Solutions - remortgage product
Interest rate: 4.9%
LTV: 75%
Product Detail: 2 year tracker at 125% rental calculation (base rate + 4.4%)
Arrangement Fee: 3%
Early Redemption Penalties: 3% in first 2 years.
Our thoughts: The lowest rental cover for 75% loan to value remortgages.


2. BM Solutions

Interest rate: 4.1%
LTV: 60%
2 year tracker at 125% rental calculation (base rate + 4.4%)
Arrangement Fee: 3%
Early Redemption Penalties: 3% in first 2 years.
Our thoughts: The lowest rental cover for 60% loan to value remortgages


Buy to let adverse credit – Ignore all defaults.

Beacon Homeloans have a number of products suitable for people that have had previous defaults. For example:


3. Beacon Homeloans　

Interest rate: 7.25%
LTV: 70%
Rental: 110% at pay rate
Product Detail: 2 or 3 year fixed
Arrangement Fee: 2%
Early Redemption Penalties: 7% for first 2 years for the 2 year fixed and 7% for 3 years on the 3 year fixed.







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