Fleet’s buy to let mortgage range is refreshed.

Fleet Mortgages has renovated its buy to let mortgage range by pruning interest rates, as well as introducing new products.

Its buy to let mortgages cover individuals and limited companies who are interested in single unit properties, as well as multi-unit and HMO’s.

The new products that have been introduced, are two lifetime trackers.

  • For individuals, for up to 75% loan to value, the rate offered is 3.99%.
  • For limited companies, for up to 75%, the rate offered is 4.19%.
  • The rate reductions apply to the HMO and multi-unit block range.
  • The 2 year fixed rate was 4.09% and is now 3.79% for up to 65% LTV.
  • The 5 year fixed rate was 4.99% and is now 4.29% for up to 75% LTV.

mortgageFleet Mortgages are not alone in responding to current market conditions and refreshing their ranges. This means there is an abundance of excellent offers to choose from, but which one is right for you?   

In determining the suitability of a product, we recommend that you speak to one of our impartial advisors at Deal Direct. We can help you take advantage of the current market environment by sourcing the best, low rate, buy to let mortgage, in line with your requirements.

At Deal Direct, we are regulated to offer independent mortgage advice but not general financial advice. Therefore, if you wish to discuss the suitability of property as a viable investment, we urge you to contact an 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 free, impartial and ‘whole of market’ advice on the latest rate reductions, contact Deal Direct. 

Speak to us today on 0800 048 8828.    

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Article published: Friday, November 18, 2016
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