H&R launches exclusive mortgage through Buy to Let Club
Hinckley & Rugby Building Society, which lends throughout England & Wales, has launched an exclusive mortgage for Buy to Let Club with very competitive fees.
The 75% LTV two year discount Buy to Let mortgage charges just 2.74% interest. The fees are £250 at arrangement and £999 on completion. The overall cost for comparison is 5.2% APR. The valuation is free.
Carolyn Thornley-Yates, Hinckley & Rugby’s business development manager, said:
“We are delighted to be working again with Buy to Let Club to offer this very attractive mortgage with a best buy rate and very competitive fees.”
Ying Tan at Buy to Let Club said:
"It's extremely exciting for Buy to Let Club to bring this headline product to market with Hinckley & Rugby.
“It offers very low fees which makes it attractive to buyers and with the rental calculation at 135 per cent at payrate means for the right client this is a deal that really works."
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