Paragon Bank has introduced the cheapest buy-to-long five-year solution in almost three years
The rates for the buy-to-long mortgages with limited edition start at 4.29%, the cheapest five-year solution of the lender in almost three years, for landlords buy or remortgaging some independent (SSC) properties with EPC rating from A to C.
Five -year options are also available for SSCs rated on EPC D or E and HMOS, with an interest rate that charges 4.34% and 4.64% respectively.
The mortgages are available with a maximum of 65% loan-to-value and include product costs of 5%. Paragon also offers zero fairy versions that are a point of one percent higher than the corresponding 5% Fee products
Available for landlords who are active through limital companies or private individuals in England, Scotland and Wales, have the latest Limited-Edition Five-year paragon solutions an application costs of £ 150 and 5% interest cover Ratio (ICR).
CHL Hypotheken for Intermediaries has announced that it introduces free rating products and lower the rates with a maximum of 39 PKS.
The free valuation option of the specialized money lender is available on selected products in both the CHL1 Limited Edition and the CHL2 large houses in Multiple Occupation (HMOS) ranges.
CHL1 offers products for a wide range of real estate types, from standard buy-to-lets to HMOs and multi-unit freehold blocks (MUFBs) of a maximum of six units.
CHL2 is aimed at landlords with more complex feature types, such as large HMOs and MUFBs of up to 10 units.
The lender has also reduced the rates with a maximum of 39 BPS for all products and series, with two years of fixed rates that are now starting with 2.35% and five years of fixed rates from 4.48%.
All products are available for individual and limited company lords, with LTVs up to 75% and a choice of available product costs.