Grab Yourself an End of Year Buy to Let Mortgage Bargain – Rates Starting From 1.35%
General Buy to Let Market Comment:
As we reach the end of 2019 a number of UK lenders have dramatically cut their Buy to Let mortgage interest rates to hit their annual targets. There are currently rates as low as 1.35%* available, so why not grab yourself an end of year Buy to Let mortgage bargain.
Case Study of Re-Mortgaging To a New Fixed Rate Buy to Let Mortgage
By way of a basic example, a £100,000 interest only mortgage, on Birmingham Midshires standard variable rate, of 5.09% would cost IRO £424 PCM (£5,088PA)
This could be changed via a Buy to Let re-mortgage, with a free mortgage valuation and free basic legal services , for a 2 year fixed rate of 1.35% *. The monthly cost of this mortgage would be £112PCM (£1,344 PA)
In this basic example, the mortgage costs would reduce by £3,744 per year, for a 2 year period, saving a total of £7,488 for a Buy to Let investor over 2 years.
Contact:
If you would like to book a *no obligation Buy to Let mortgage review with Broadland Consultants team, please contact us on 01603 278278 or via info@broadlandconsultants.com
Remember – Broadland Consultants Offer:
- Unbiased and unrestricted whole of market mortgage and insurance advice.This includes your existing lender.
- One easy meeting saving you time. Broadland Consultants complete the mortgage and insurance paperwork for you and manage the application(s) all the way through to a successful completion.
- A meeting at a time and location convenient for you. Meet at Broadland Consultants head office with free, easy parking, your home/workplace or do the whole thing over the phone – the choice is yours. Evening appointments are also available when required.An opportunity to save you money. Why speak to your own bank, which only has their own products? Broadland Consultants review the whole market to find you the best mortgage product.
* Mortgage products subject to lending booking fee, to understand more please request an illustration for your specific circumstances . Please note that the above information is correct as at 08/11/2019 * Initial mortgage basic review comes at our cost, should you proceed to a formal application a mortgage broker fee is payable *Mortgage rates are subject to status, and your specific personal/financial circumstances. Mortgage products are subject to change. You must maintain payments on debt secured against property or your property could be repossessed. Broadland Consultants Limited is authorised and regulated by the Financial Conduct Authority. FCA No. 958621. Please note: the FCA does not regulate in relation to the sale and purchase of investment property.
