Network Data has released details of two new exclusive fixed BTL products.
Product one:
- Fixed at 5.74% until 30/11/09
- Up to 85% LTV
- Free Valuations
- Free Legals for Remortgages
- Higher lending charge paid by Lender
- £949 Arrangement fee
Product two:
- Fixed at 5.74% until 30/11/09
- Up to 85% LTV
- £350 cashback
- Higher lending charge paid by Lender
- £899 Arrangement fee
Stewart Rennie, product development manager at Network Data, said: “Both products are fixed at 5.74% and allow rental coverage of 100% at this pay rate which enables our intermediaries to give their clients the flexibility that they need. These competitively priced rates add an extra level of value to Bristol & West’s existing core range and once again re-enforces the strong working relationship our two companies have developed”
Bob Stanworth, senior product manager at Bristol & West mortgages, commented: "The free valuation and free legals for remortgages or cashback for purchases coupled with a very competitive rate and market leading criteria underpins our commitment to work closely with our key intermediaries".
