The Mortgage Works (Part of Nationwide) Buy to let various rates - 65% LTV 2.99%  fixed 5 years - no legals or survey fees - non refundable £150 setup fee + NO arrangement fee
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The Mortgage Works (Part of Nationwide) Buy to let various rates - 65% LTV 2.99% fixed 5 years - no legals or survey fees - non refundable £150 setup fee + NO arrangement fee

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Found 26th Jul 2017
Obviously do your own research, and you'll need a professional intermediary.
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Just for info/comparison - You can get around 2% for 2 years at santander with 75% LTV last time I checked.

Bigger arrangement fee however.
Edited by: "delusion" 26th Jul 2017
delusion

Just for info/comparison - You can get around 2% for 2 years at santander … Just for info/comparison - You can get around 2% for 2 years at santander with 75% LTV last time I checked.Bigger arrangement fee however.



Yeah but I reckon 5 years makes sense. I don't fancy coming out of fixed rate just after Brexit and that will be a £2k fee. Santander int only until age 75, The Mortgage Works up to age 90. I'm actually moving it from Santander.

Used in conjunction with this, bring it down further.

Also paying £2k every 2 years as against £0.00
Edited by: "OllieSt" 26th Jul 2017
Rates have come down. I got 2.89% on a LTV of 85% late last year
I've just seen 2.99% no fee including legals & survey. I'm not too sure which one works out cheaper as I'm away from my desk.


EDIT:


This works out cheaper. £14 per month more expensive for me over 60 months = £840 instead of £995. That's based on borrowing £167k which I know could well be lower than others could be looking for.
Edited by: "OllieSt" 26th Jul 2017
hhali

Rates have come down. I got 2.89% on a LTV of 85% late last year


was that for BTL or residential ?
Just completed a 10 year fixed at 2.49% with First direct with no fees whatsoever
cadmus10 m ago

Just completed a 10 year fixed at 2.49% with First direct with no fees …Just completed a 10 year fixed at 2.49% with First direct with no fees whatsoever


These are buy to let mortgages, completely different to residential.
i didn't think they did 85% BTL
BTL is the reason first time buyers can't afford anything! Money goes to money...
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