Mansfield releases a new discounted 2 year fixed rate mortgage for landlords.
The Mansfield BS has announced the launch of a new 2 year discounted rate mortgage for property investors.
For would-be landlords with a 30% deposit the lender is offering a rate of 3.29%.
This mortgage is available on property valued up to £300,000, and the fee charged totals just £1,198, which is low for a buy to let deal.
The buy to let market is buoyant, and there are cheap deals to be had for property investors. The market is predicted to expand further in the next year, and many UK lenders are releasing more and more competitive deals to attract new business and support landlords.
If you have found a rental property to purchase and you want a buy to let mortgage, you are advised to make a 'whole of market' product comparison through Deal Direct.
We have access to all mortgages market-wide, some of which are advertised online and some of which are not. Lenders unadvertised mortgage 'specials' are low rate deals which are only available through a limited number of brokers like Deal Direct.
For a low rate offer and impartial mortgage advice,
call us on 0800 048 8828.
