Newcastle BS launches a broker exclusive buy-to-let mortgage.
Newcastle Intermediaries has refreshed its buy-to-let mortgage range with the introduction of a new remortgage product.
The new deal is a 2 year fixed rate remortgage for 75% LTV at 2.95% with no product fees, free legal costs and a free standard valuation. The minimum advance is £50,000 and the maximum is £350,000.
With changes to stamp duty, tax relief and mortgage regulation, it’s vital to get the most competitive mortgage on offer. To do this you need impartial mortgage advice and an independent ‘whole of market’ search.
If you want to remortgage your buy-to-let or would like to purchase property call us for advice at Deal Direct.
We are specialist advisers and can help you to find a great deal to invest in property. We are regulated by the FCA to advise you as to the suitability of mortgage products, however we cannot advise you as to the suitability of property as an investment. For that type of advice, you need to contact and 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.