Optoma three-year fixed-rate buy-to-let mortgages launched

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Optoma three-year fixed-rate buy-to-let mortgages launched

A range of Optoma three-year fixed-rate buy-to-let mortgages has been announced through funding by intermediary lender Platform today.

The 75 per cent loan to value (LTV) deal has a rate fixed at 5.09 per cent until May 1st 2009.

A rate of 5.19 per cent has been assigned to the offer at 85 per cent LTV.

The company will also be using Platform to offer a three-year tracker range with interest rates ranging from 5.1 to 5.14 per cent, according to financial website Mortgage Introducer.

Arrangement fees of £545 apply on all of the Optoma three-year fixed-rate buy-to-let mortgages as well as a broker fee of 0.5 per cent.

Optoma was founded in 2000 and claims to have processed over £2.3 billion worth of mortgages in 2004.

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