Home » Uncategorised »
New Buy-to-Let Mortgage Deals from Abbey
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
New Buy-to-Let Mortgage Deals from Abbe
Banking group Abbey has launched a series of new buy-to-let mortgage deals that are sure to be welcomed by the sector.
New products from Abbey, division of Santander, include a two-year fixed mortgage rate of 3.39%, with just a 2.5% fee. This deal will be available up to 60% loan-to-value (LTV).[1]
Additional deals include a two-year tracker with a rate of 2.99% or 3.5%, again with a 2.5% fee and up to 60% LTV, open to both purchasers and remortgagers. Another deal sees a two-year with a rate of 4.09% and £1,495 fee, available this time to 75% LTV.[1]
A number of rate reductions include shaving 0.20% off two-year fixed rates at 60% LTV.[1]
Homebuyer Solution
All of Abbey’s purchase products come with the Homebuyer Solution for purchase customers. This enables lenders to have the added benefits of a free mortgage valuation and £250 cashback on completion.
Managing Director of Abbey for Intermediaries, stated: “We continue to see strong rental demand in today’s housing market and we expect these intermediary exclusives to be very well received by intermediaries and their clients alike.”[1]
[1] http://www.landlordexpert.co.uk/2012/01/16/new-buy-to-let-mortgage-deals-and-slashed-rates-offered-by-abbey/
