New 5 year fixed rate buy to let mortgages available for 2017.
There has been a growing interest in 5 year fixed rate buy to let mortgages over the last few months, market analysts say.
In response to the level of interest, TBMC have launched 2 new products available from Dudley Building Society; a mortgage option and a remortgage only option.
Both are for up to 70% LTV and are fixed at 3.79%. The pay rate rental calculation is a very achievable 130%.
To compare Dudley’s fixed rates to other on the market, come to Deal Direct.
Our highly skilled and qualified staff can make a quick but thorough comparison of this deal with others available, from across the UK market. Comparing mortgages on a like for like basis, with one of our experts, means you get the best help and support to achieve your buy to let objectives.
Please be aware that Deal Direct are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of property as an investment, you will need to contact and independent financial adviser.
Please note:
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.
For the best low rate buy to let mortgage option for 2017, contact Deal Direct today.