Specialist buy to let mortgage range launched by Landbay.
Landbay have introduced a specialist buy to let mortgage range.
It is intended to appeal to professional landlords, and includes mortgages for HMO’s and ex-patriots. It comprises three products, all up to a loan to value of 75%.
The first is a standard term tracker, offered at a mortgage rate of 3.88%.
The second is an HMO tracker, offered at 3.98%.
And finally, the ex-pat term tracker is offered at 4.38%.
Minimum incomes and property values are conditions of the range, and should be taken into consideration before starting the application process.
To find out about these conditions and what else is involved in securing a buy to let mortgage, seek the professional assistance of Deal Direct. Our expert advice is clear and easy to understand, so you can be sure of avoiding errors and finding the right deal.
Please be aware that whilst we are regulated to offer independent mortgage advice by the FCA, we are not regulated to offer independent financial advice. To discuss whether property is suitable as an investment, please contact an independent financial adviser for guidance.
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.