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Monday, July 25, 2011

Saffron BS launch new BTLs

Property Hawk Mortgages has two new buy-to-let products with Saffron Building Society including a 4.99% 2 year discount available up to 80% LTV.

Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Services Authority does not regulate some forms of mortgage.

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Anonymous said...

I am looking to remortgage an existing BTL flat. Problem is, you have to be over 55 to live in it. Anyone know of any lenders that would do it? I have tried loads of them to no avail?

Property Hawk Mortgages said...

Unfortunately in the current buy-to-let mortgage market there aren’t any lenders who will consider lending on properties with restrictive covenants such as these. This is because it could be difficult for the lender to evict the tenant should they need to repossess the property.
Sorry to be unable to help in this case, but if you have any other buy-to-let enquiries, please visit to use our free buy-to-let mortgage finder or phone 029 2069 5446 to speak to one of our buy-to-let mortgage experts.