Buy to let mortgage range from Mortgage Works 'offers greater value'
www.moneynews.co.uk > Mortgages > Buy to let mortgage range from Mortgage Works 'offers greater value'
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Money News |
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Buy to let mortgage range from Mortgage Works 'offers greater value'
Wed 1st Sep 2010
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Tracie Pearce, head of products at the company, explained that amendments to the products in question will offer more "value, choice and flexibility" to landlords.
Among the changes to the range will be a new five-year fixed-rate mortgage at 5.75 per cent interest with a 3.5 per cent arrangement fee.
Another new addition is a one-year tracker offering clients the potential to repay early without facing charges.
Ms Pearce said: "We are delighted to be able to provide intermediaries with an even wider range of options to suit the varying needs of their buy to let clients."
This year, Ms Pearce claimed that Mortgage Works has shown its commitment to helping landlords who do not have a large deposit by offering property finance deals at up to 80 per cent loan to value.
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