Family Building Society has launched a new two-year fixed rate buy-to-let (BTL) product for purchase and remortgage applications.
The new product is available at 4.69% on a principal-only and principal and interest repayment basis and includes £500 cashback on remortgage applications.
Additionally, it is offered up to 75% loan-to-value (LTV) and with a 2.00% product fee.
Family Building Association head of intermediate sales Darren Deacon says: “The launch of this new two-year product, alongside recent significant improvements to our BTL affordability calculator, demonstrates our continued commitment to UK landlords, both here and abroad.”
“It may be an uncertain time right now with nervous financial markets constantly reflecting on world events, but our range of two-year products at least offers landlords a degree of certainty in the short term.”