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Monday, May 24, 2010

4.24% 2 yr discount launched

Loughborough Building Society has launched a one of the few discounted rate buy-to-let mortgages currently available to landlords. There are currently only 2 other discounted buy-to-let mortgage deals available according to Moneyfacts. What's more it's the only discounted buy-to-let mortgage currently available without a geographic restriction.

The discounted rate (0.75% discount) for 2 years giving a current pay rate of 4.24%. This particular buy-to-let mortgage is available up to a LTV of 70% and comes with a £999 fee.


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