Post Office Money introduce buy to let range for first-time landlords.
First time and small portfolio landlords may be interested in the new range of buy to let mortgages offered by Post Office Money.
The details are:
- 2 year fixed rate loan for up to 70% LTV, offered at 1.93%
- 2 year fixed rate loan for up to 75% LTV, offered at 1.98%
- 3 year fixed rate loan for up to 60% LTV, offered at 2.28%
- 5 year fixed rate loan for up to 70% LTV, offered at 2.78%
All products carry a fee.
The increased stamp duty means that landlords are looking to keep costs to a minimum and are shopping around for the best deals. Employing Deal Direct’s services means that you could have access to the UK’s most competitively priced buy to let mortgages. Start your mortgage search with us could make your property portfolio aspirations a reality.
We 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.
Speak to a Deal direct adviser on 0800 048 8828 for information on buy to let mortgages.
