There are no early repayment charges.
The finance provider has chosen Lending Metrics’ ADP platform to support its OmniPort credit approval system, which allows customers to purchase immediately at point of sale using a paperless e-signature.
Contrastingly households with somebody under the age of 30 who is legally responsible see most of their spending (59%) go on net rent.
The lender has cut half of the initial residential rates, as they now start from 2.94% for 2-year fixed and 3.54% for 5-year.
The South East of England has overtaken London as the region with the most buy-to-let purchases in a calendar year, buy-to-let broker Commercial Trust has found.
Former Blackpool and England player Stewart, who is based in the area, has been approached by a consortium of businessmen to lead their takeover bid.
As 2019 gets underway, and economic conditions continue to be uncertain, it is important for buy-to-let investors to be on top of the market and its changes.
Despite the pressures on house prices and wider market uncertainty, refurbishment provides plenty of opportunities for investors.
To 95% LTV there’s also a 2-year fix at 3.47% with £1,000 cashback, a 5-year fix at 3.39% with no fee and a 5-year fix at 3.65% with £1,000 cashback.
This is calculated on an interest only basis at 4%, which the society said will make the rental income requirement “less onerous”.