Tipton and Coseley cut fixed buy to let mortgage rates.

In a move to support consumer landlords, The Tipton and Coseley Building Society have cut their fixed buy to let mortgage rates. The lender is now offering discounted 3 year fixed rate products. Fee free the rate offered is 2.68% and with a £199 product fee, the rate offered is 2.38%

An arrangement charge is payable on both options and should also be taken into consideration when calculating affordability.

In comparison, the 5 year fixed rate offer has no product fee to pay and also has the added benefit of no early repayment charges. The initial rate of 2.98% runs until 31st October 2021.

Choosing between the options and working out which is the most suitable according to your personal circumstances, can be a challenge. Why not let one of our experts assist you? Deal Direct’s buy to let mortgage advisors have more than a decade’s experience in the sector and can make the comparisons for you easily and quickly. Fill in the form below for an instant quote or speak to us on the number below.

Please be aware:

Our advisors are regulated by the FCA to offer mortgage advice and are highly qualified. However we are not financial advisors, and are not regulated to advise on the suitability of property as an investment. For this type of advice, you will need to call an IFA.

Please note:

Buy to let mortgages 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. 

Call us today on 0800 048 8828 for a low rate buy to let deal.