Landbay has introduced a distinct version restricted vary of five-year mounted charge buy-to-let (BTL) mortgages.
Charges for the brand new vary get started from 4.89% and building up to five.49% and are to be had on usual homes together with new builds.
There are 4 75% loan-to-value (LTV) merchandise starting from £100,000 to £1m and 4 65% LTV for landlords short of better loans from £1m to £1.5m.
The charges and costs on those five-year fixes are the similar for 65% and 75% LTVs.
The 4.89% has a charge of five%, the 5.09% has a charge of four%, the 5.29% has a charge of three% and the 5.49% has a charge of two%.
Landbay managing director for intermediaries Paul Brett says: “Because of our various investment we’ve got been ready to broaden a spread of very aggressive, five-year mounted charge mortgages for landlords. This vary is a restricted version so as soon as the finances have long gone, so will the goods.”