New Buy to Let deals out today
Submitted by anthony on Thu, 12/10/2009 - 17:21
New Buy to Let deals
Changes and improvements to Buy to Let lending!
Brought to you by https://www.emoneyfacts.co.uk/news/mortgage-news.aspx?newsarticleid=191455
Ecology BS - Minimum rental cover on Buy to Let now 135% of repayment at product pay rate.
Manchester BS - NEW Buy to Let Fixed rate mortgages of 5.74% for 3 years, max 65% & 5.99% for 3 years, max 70%, both with fees of £999,
Manchester BS has rejoined the Buy to Let market with 2 new competitive 3 year fixed rate mortgage deals. 70% Loan to value deal for second time buyers and remortgage with competitive loan product fee of £999. Although there may be better mortgage deals available rate wise, the £999 fee provides you with great value as the other buy to let fixed rate deals have higher arrangement percentage fees.

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