The new deals are available with Mortgage Express’ “with guarantees” product and are subject to a minimum loan of £50,000. Terms and interest rates for the three new deals are:
Buy-to-Let Product Development Manager Andrew Moss said that the new rental cover requirements of 125% for fixed rate deals of five years and over (based on pay rate) also apply to the Limited Company Product.
“‘We are constantly striving to maintain our market-leading position by offering great products, with a very high standard of customer service’’, said Mr Moss.
The new Buy-to-Let deals are for Limited Companies in England and Wales and properties in England and Wales