Hinckley & Rugby launch an offset buy-to-let mortgage.

The Hinckley and Rugby BS has just announced the launch of an offset buy-to-let product for landlords.

A rate of 2.99% is on offer which is a 2.65% reduction on the lender’s basic variable rate which is currently set at 5.64%.

This buy-to-let mortgage allows landlords to put their savings with the lender to reduce the amount of interest which is charged on the loan.

The mortgage is available to landlords with a 25% deposit and comes with a £250 arrangement fee and a £1,999 completion fee.

This is just one of over 700 products on offer throughout the buy to let sector. To find out which is the most competitive for your deposit level call us at Deal Direct, we can compare all products market-wide to come up with the most competitive overall. We search every lenders range to find you a lower rate, lower deposit mortgage to suit your financial needs.

At Deal Direct our highly qualified impartial advisers have vast experience in the buy to let mortgage market and can source highly competitive products for property investors.

We are regulated by the FCA to offer mortgage advice, however we cannot advise you as to the suitability of property as an investment, for that you need to contact an independent financial adviser.

Note: Not all buy to let mortgages are regulated by the FCA.

For impartial advice and a low rate quote call us at Deal Direct on 0800 048 8828.