Mortgage Express is offering a fees-free remortgage deal on selected Buy-to-Let products.
The deal will be available through mortgage clubs and networks and offers free valuation and payment of legal fees when a Mortgage Express solicitor panel is used. Additionally, there is no completion fee on these products.
For a typical remortgage this deal equates to a saving of approximately £920.
The deal offers an initial tracker rate of 4.99 per cent, which is 0.51 per cent discount on Mortgage Express' normal variable rate, bank base rate + 1.75 per cent. It is available for either a 3 or 5 year period, which is tied in for 3 and 5 years respectively.
Mortgage Express head of business development Tim Sturley says: ''We are pleased to offer this deal to our customers. It means that investors, such as those with portfolios, can remortgage an
unlimited number of properties, worth no more than £2 million - at
''Intermediaries can now give their customers a much better deal, with no extra hassle – we will take care of valuation and solicitor'' he adds.