Great news for the professional landlord, specifically those who own House of Multiple Occupation (HMO) and Multi-Unit properties. Enable Finance is proud to announce six new buy to let mortgage products including three new Fixed Rates. The buy to let mortgage can be applied for in individual name’s or Limited Company names.
New buy to let mortgage rates – overview:
- Fixed Rates from 4.50%
- 2 year tracker rate from 4.20%
- 5 year tracker rates 4.85%
- Products with no Lender Fee’s available
- Minimum Loan £30,000
- Maximum Loan; £500,000 up to 75% LTV
- Maximum Loan; £1,000,000 up to 70% LTV
- Maximum Loan;£2,000,000 up to 65% LTV
- Interest Only Available.
- Terms 5 to 25 years
- Minimum Age 21
Fixed rate buy to let mortgages allows the professional landlord budget accurately his or her mortgage commitments, this is clearly a very powerful product when your personal income is derived from the surplus rental income generated from your buy to let properties.
For more information about buy to let mortgages click here or please feel free to speak with one of our consultants on telephone: 0114 2945 046