New Street cuts 2-year fix by 0.80%

Ryan Bembridge

November 10, 2016

New Street Mortgages will reduce its 2-year fixed rate buy-to-let mortgage by 0.80% to 1.99% to 65% loan-to-value from tomorrow.

New Street, which sits alongside the Kensington brand, uses analytics to deliver quick mortgage decisions online.

Steve Griffiths, director of sales and distribution at the Northview Group, New Street’s parent, said: “The introduction of the new 1.99% rate shows our commitment to this market and offers great value to these customers.

“In addition customers can choose from 3 and 5 year fixes as well as 2 and 5-year discount products.”

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