Mortgage Times launches new buy to let product

23 October 2008 11:04 am

The three year fixed rate offers a 0.90 per cent rate reduction and free legal fees for remortgages.

Mortgage Times product & provider development director Richard Stokes says: “It is really refreshing to see a lender working with us to develop a leading buy-to-let product as we have seen lenders shy away from the sector in recent weeks with no apparent reason as the arrears are holding up well against the residential market.

“The product is further enhanced by free remortgage legal fees and boasts a rate under 6 per cent which is critical for making the rental calculations fit.”

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