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Landlords may be interested to know that the Leek United Building Society have returned to the buy-to-let mortgage market with a new product fixed at 4.58% to 30.09.12.The buy-to-let mortgage is only available direct from the lender and has a max LTV of 60% so not great if a landlord is looking at gearing up. Fees are low at £995 but the buy-to-let mortgage product does come with incentive. This consists of a refunded valuation fee and a £250 rebate.
The low rate and the incentives available means that Moneyfacts have given this buy-to-let mortgage a BEST BUY and a 4 star rating.
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1 comment:
this seems a superb rate with real term application fee of £750
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