Post Office Money is launching a new range of buy-to-let mortgages designed for first-time landlords.
The rates include:
60% LTV three-year fixed rate at 2.28% (£995 fee)
” 70% LTV two-year fixed rate at 1.93% (£995 fee)
70% LTV five-year fixed rate at 2.78% (£995 fee)
75% LTV two-year fixed rate at 1.98% (£995 fee)
Owen Woodley, managing director Post Office Money, said: “Property is still an attractive investment for many. However, factors such as the increased stamp duty tax on additional properties mean people are shopping around for the best deal to keep costs down.
“We are continuing to improve our mortgage offering across the board to help customers make their buy to let aspirations a reality. We know that many of our BTL customers will be first time landlords and as a result, we have aimed our new market-leading deals at the cost conscious aspirational investor.”
