Investec launch exclusive buy-to-let £1 million plus mortgage
Trinity Financial has secured access to Investec Bank's new £1 million plus buy-to-let mortgage.
The rate is fixed for two-years at 4.69% and it is available for mortgages up to £1.5 million. There is a £1,995 arrangement fee and borrowers will need a 25% deposit.
Aaron Strutt, a broker at Trinity Financial, says: "The rental cover calculation is 125% at 5% and the mortgage reverts to 4.29% over LIBOR.
"Investec will lend to professional landlords unlike many of the other banks and the maximum property portfolio with the lender is £5 million or six properties, whichever is the lowest."
If you would like help securing a buy-to-let mortgage or to refinance a property portfolio, call us on 020 7016 0790.
May 15, 2013
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