Principal Building Society has joined the But to Let Business Mortgage Club.
Members of the mortgage club can now access the entire Principality mortgage range, in particular a 3.69 per cent buy-to-let 2-year tracker shared exclusive, which is available for both purchases and remortgages up to 60 per cent loan-to-value (LTV) with a 1 per cent arrangement fee, plus £99 mortgage commitment fee.
The rate also comes with no early repayment charges, £99 cashback on completion and free standard legal fees for remortgages.
Ying Tan, Buy to Let Business managing director, said: “The launch of our club has gathered great momentum. The demand to be part of the mortgage club from both brokers and lenders is very high. Principality has an impeccable track record of excellent service with market leading innovative products particularly at the lower loan to value.“
Principality head of intermediary sales Jason Newsway said: “We have been working with Ying and his team for some time and have been extremely impressed by their market knowledge and the overall expertise in the buy to let market. We are delighted to be part of this proposition and wish them every success.”
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