Precise Mortgages have recently introduced a new range of fixed rates to complement their existing core buy to let mortgage products; helping landlords plan the future of their portfolio. With a maximum term of 35 years available to applicants up to 80 years of age, your customer can continue to extend their portfolio into retirement.
What’s more, unlike some lenders, all of their buy to let products calculate rental coverage at 125% of the interest payment based on the higher of the pay or reversion rate.
Take a look at the key features below:
- Brand new! 10 year fixed products from 3.99%
- 5 year fixed products now from 3.85%
- 75% LTV on all new products
- Percentage and fixed fees available
- Refund of valuation (maximum £630) and £500 cashback on selected products
To find out more about these products view Precise Mortgages summer specials buy to let mortgage product guide here, or the buy to let mortgage criteria guide here.
Call their Intermediary Support Team on 0800 116 4385 for more information or visit www.precisemortgages.co.uk
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If you would like to register with Precise Mortgages, click here to register online; it only takes a few minutes. Once registered, you will be able to access their products straight away.
