Santander announces the launch of a 5 year fixed buy to let deal at 4.34%
The buy to let market is booming and lenders are releasing deals and cutting existing rates to attract investment landlords.
Santander is the latest lender to refresh its buy to let range with the addition of a 5 year fixed rate mortgage for 75% LTV.
This new deal is available to employed and self employed buyers, and is offered at 4.34% with a £1,495 fee. Successful applicants will also benefit from the lender's home-buyer or remortgage cashback solution.
As well as the launch of this new deal Santander has also cut rates on various buy to let mortgages within its range.
Mortgage highlights include:
- A 2 year fix for 60% LTV at 2.69%.
- A 2 year fix for 75% LTV at 3.19%.
As with its new 5 year fix, both these reduced rate mortgages have a £1,495 fee and come with the lender's home-buyer or remortgage cashback solution.
Its new 5 year deal and reduced rate products are only available through its broker channel. You should call 0800 048 8828 and speak to an adviser at Deal Direct to apply for a mortgage.
A call to us can get you a competitive buy to let offer, we can compare all products market-wide to ensure you really do end up with the best mortgage to make your buy to let as profitable as possible.
For impartial mortgage advice and a low rate quote call us today on 0800 048 8828.
