Monmouthshire launches buy-to-lets from 2%

Ryan Bembridge

April 6, 2017

Monmouthshire Building Society has launched a selection of low rate buy-to-let products.

They include a 75% loan-to-value 2-year discount at 2.00% for home purchasers with a £995 product fee, £150 application fee and valuation fee.

The society is also offering a 75% LTV 2-year fix at 2.10% with the same fees.

Colin Strong, head of lending procurement at the society, said: “I’m very excited to launch this competitive range of buy-to-let products which will no doubt prove extremely popular with customers old and new.

“The interest rates compare favourably with other providers in the industry at the moment and applicants benefit from the society’s personal and flexible approach to lending, making them an ideal option for landlords throughout our local lending area.”

The society has also launched 75% LTV 2-year discount at 2.30% and a 2-year fix at 2.40%, both with a £995 product but with no application fee, assisted legals and free standard valuation.

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