Friday, 7 January 2011

Some better news for Landlords

Throughout 2010 the number of deals available for buy to let has shown a steady increase, albeit from a very low level.

2011 sees one lender launch two new 5 year fixed rates, which in themselves are very difficult to find at the moment.

The good news continues in that the interest rate and fees are very reasonable in a market place where fees can border on extortion!

The headlines:

Fixed until March 2016 4.99% (60% LTV) or 5.39% (65% LTV).

£250 Booking Fee and No Arrangement Fee!

Free basic Valuation and for re-mortgages they will include Free re-mortgage transfer service.

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