Buy to let mortgage rates cut by Fleet + new products introduced.

Fleet Mortgages has cut rates affecting its standard, limited company and HMO buy to let mortgage ranges.

The details are:

Lifetime trackers:

  • standard – LIBOR + 3.2% = 3.74%
  • HMO – LIBOR + 3.2% = 3.74%
  • limited company – LIBOR + 3.3% = 3.84%

Standard buy to let

  • standard 2 year fixes start from 3.09% for up to 75% LTV
  • standard 5 year fixes start from 3.85% for up to 75% LTV

mortgage

Limited company

  • 2 year fix at 3.39% for up to 65% LTV
  • 5 year fix at 3.89% for up to 65% LTV
  • 2 year fix at 3.59% for up to 75% LTV
  • 5 year fix at 3.99% for up to 75% LTV

HMO

  • 2 year fix at 3.69% for up to 75% LTV
  • 5 year fix at 4.19% for up to 75% LTV

We 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 a property as an investment, you will need 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 a 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.

Speak to Deal Direct now to discuss these options in more detail on 0800 048 8828.

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Article published: Saturday, March 24, 2018
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