Competitive buy to let tracker mortgage for HMO’s launched by Precise.
Individual and limited company landlords could find the new, 2 year buy to let tracker mortgage for HMO’s, launched by Precise, of interest.
The new product is Precise’s most competitively priced tracker mortgage ever, with a rate of 3.29% for up to 75% loan to value. At the end of the 2 year period, the rate returns to 5%.
The scheme is available for loans from £25,001 to £500,000, and early repayment charges, of 3% in the first year and 2% in the second, are applicable.
This may be Precise’s cheapest product, but that doesn’t necessarily mean that it is the cheapest on the market.
As a ‘whole of market’ broker, Deal Direct can compare this offer with others from the wider marketplace. We scrutinise each offer on a like-for-like basis, so you can make a well-informed choice as to which buy to let product best suits your purposes.
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 advisor 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.
Call us today on 0800 048 8828 for a competitive buy to let deal.
