Thursday, June 20, 2013

Two new low rate BTL products

Property Hawk Mortgages has access to two new buy-to-let mortgages.

A 2.55% 2 year fixed rate with Melton Mowbray Building Society and a 2.55% 2 year discount from Hinckley & Rugby Building Society with a free valuation and no early repayment charges, both available at up to 60% LTV.



Loan to value 
Initial rate
Term
Reverting to
Rental calculation
Early repayment charge
Completion fee
Booking fee
Features
Up to 60%
2.55% fixed
30/09/2015
Lender’s Standard Variable Rate (currently 4.99%)
130% at payrate
3.25% of original balance being repaid until 30/09/2015
£2495
£250
N/A
Up to 60%
2.55% discount (3.09% off the lender’s BTL BVR
2 years
Lender’s BTL Basic Standard Variable Rate (currently 5.64%) 
135% at payrate
None
2%
£250
Free valuation for properties up to £1,000,000 




Tel: 01622 844187

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


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