Godiva launches more buy-to-let mortgages
Godiva Mortgages has a launched a 3.45% two-year fixed buy-to-let mortgage. Landlords will need a 30% deposit to access the rate and it has a £1,999 arrangement fee.
The APR is 4.8% and the reversion rate is 4.74%. Trinity can offer a full range of buy-to-let mortgages and applicants will need at least a 15% deposit to access them. However, there are some great rates available for those able to put down a larger deposit.
For example, Santander for Intermediaries is offering one of the lowest buy-to-let mortgages at 2.69% for landlords with a 40% deposit. It has a £1,495 arrangement fee and applicants will need a minimum income of £25,000 each year to qualify. The APR is 4.7% and the reversion rate is 4.74%.
April 25, 2014
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