New buy to let mortgage range introduced by Fleet.
If you are considering investing in property as a landlord, you may be interested in learning of the new buy to let mortgage options that Fleet has recently launched.
The new range of products offers mortgages for different circumstances such as; houses of multiple occupancy, limited companies and individual landlords.
Fleet’s offering includes 2 and 5 year fixed terms, plus lifetime trackers.
For individual landlords, for instance, the details include:
- 2 year fix for up to 75% LTV at a rate of 2.99% for max’ loan of £200,000
- 2 year fix for up to 75% LTV at a rate of 3.49% for max’ loan of £750,000
- 5 year fixes start from 3.99%
For a limited company, the details include:
- 2 year fix for up to 65% LTV at 3.29%
- 5 year fix for up to 65% LTV at 3.69%
For further information on these deals or to discuss your buy to let mortgage requirements in further detail, don’t hesitate to contact one of our advisers on 0800 048 8828.
Note: Deal Direct 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 an independent financial adviser.
Please be aware that 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.