Buy-to-let mortgages available with a 15% deposit

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Trinity Financial has access to one of the only buy-to-let mortgages available with a 15% deposit. The mortgage is funded by the Kent Reliance Building Society and it is a two-year discounted rate. It is priced at 5.49% and the completion fee is 2.5% of the loan amount. There is also a booking fee of £130. For those with a larger deposit, there are some particularly competitive mortgages available.  Coventry Building Society offers a two-year fixed rate at 3.29% and the arrangement fee is one of the lowest in the market at £1999. The lender requires a 35% deposit. Aaron Strutt. a broker at Trinity Financial, says: "Buy-to-let mortgages are cheaper that they were a year ago and lenders seem to be changing them more frequently. "There is definitely more of an appetite to lend and we are helping more of our clients to secure best buy mortgage rates." January 22, 2013
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