Buy to let deposits are coming down!
Kensington mortgages have just released buy to let products requiring a minimum 20% deposit
While the rates on offer are not that exciting. They will enable you to buy a property with a reduced deposit.
To qualify for these deals, you must satisfy the following:
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The following deals are available:
Buy to let20% depositKensington £2.5% product fee 2 year fix at 5.69% 5.69% pay rate reverts to LIBOR + 4.8% Early repayment penalties during fixed rate Remortgage or Purchase up to 80% of value (if rental income is sufficient) No broker fees! Agreement in principle phone now! 08456 44 88 23 | Buy to let 20% depositKensington £1499 product fee 2 year fix at 5.99% 5.99% pay rate reverts to LIBOR + 4.8% Early repayment penalties during fixed rate Remortgage or Purchase up to 80% of value (if rental income is sufficient) No broker fees! Agreement in principle phone now! 08456 44 88 23 |
LIBOR (London Interbank Borrowing Rate) is the commercial rate of borrowing. It is currently 0.9%. The rate is set by the banks every 3 months. LIBOR is a variable rate.
These rates can be withdrawn at short notice
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