New buy-to-let fixed rate products from 1.99%

Posted by Marketing on May 11, 2019

To complement the new Top Slicing enhancements launched last week, Precise Mortgages are excited to announce the following NEW 2 year Fixed rate products:

 > 1.99% 2 year Fixed with 2.50% Fee - Available only to Personal Ownership tax structures including Portfolio Landlords

This product has many benefits including unlocking access to relatively low yielding properties (rental income must meet a minimum ICR of 110% of 1.99% pay rate)

 

> 2.99% 2 year Fixed with 1.50% Fee and featuring refund of valuation and £500 cashback

Available across all BTLs including Personal Ownership tax structures, Limited Company and Portfolio Landlords

 

> 3.74% 2 year Fixed with zero product fee (max loan size £500k) and featuring refund of valuation and £500 cashback

Available across all BTLs including Personal Ownership tax structures, Limited Company and Portfolio Landlords

 

Top Slicing is available across the entire BTL range. The subject property needs to achieve an ICR of 110%, then surplus portfolio rental income and/or EDI can be used to demonstrate that the landlord can meet the financial stresses.

Submit a DIP to TFC today.