Woolwich temporarily withdraws from 25% deposit buy-to-let
Woolwich has withdrawn its buy-to-let mortgage rates for investors with a 25% deposit, in order to try and manage service levels.
The lender says that it has been inundated with mortgage applications from brokers and the move is a short-term measure.
Woolwich offer one mortgage for property investors with a 40% deposit. It is fixed at 3.98% for two-years and it has a £1,999 arrangement fee.
Trinity Financial has access to one of the cheapest buy-to-let mortgages if you have a 25% deposit. It's a two-year tracker at 3.89% and there is a £1,499 arrangement fee.
2 December 2011
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