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Mortgage Express offers fees-free remortgaging

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&#39 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: &#39&#39We 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 &#45 at
no cost&#39&#39.

&#39&#39Intermediaries can now give their customers a much better deal, with no extra hassle – we will take care of valuation and solicitor&#39&#39 he adds.

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