Hinckley & Rugby Building Society has launched a 2-year discount buy-to-let mortgage charging 2.69% at up to 75% loan-to-value.
The mortgage has a £250 application fee and no completion fee. It is discounted from the society’s standard variable rate by 3.20% and there is a scaled valuation fee. The mortgage is free from early repayment charges.
Carolyn Thornley-Yates, head of sales and marketing, said: “We are again pleased to offer the market a new mortgage. Giving buy-to-let applicants the option of a low-fee product adds a new dimension to our offer to new and existing landlords.
“Together with our nuanced policy of underwriting and other flexible approaches, applicants and their advisers can expect great service from dedicated case handlers.”