The Mortgage Lender announces new buy to let mortgage rates

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bridge to let

The Mortgage Lender has announced rate cuts to its Buy to Let product range.

The real life lender has re-priced its five-year fixed 75% LTV Cashback & Fees Assisted products, with rates now starting at 3.33% for standard properties and 3.45% for HMOs.

Both come with a free valuation and either free legal services for purchases or £500 cashback for remortgages.

Rates have also been re-priced for the lender’s five-year Cashback & Fees Assisted 80% LTV product, with rates now at 4.05%.

The product also comes with a free valuation and either free legal services (purchases) or £500 cashback (remortgages).

In addition to the product re-prices, The Mortgage Lender has launched a new 5-year 70% LTV High Fee mortgage at a rate of 3.20%. The product comes with a completion fee of £2,495.

Steve Griffiths, Sales & Product Director at The Mortgage Lender comments: 

“We endeavour to give borrowers, whether they are buying or remortgaging, access to products that are straightforward in design and transparent on all fees.

Along with attractive incentives, our range of fixed rate mortgages and fee variations accommodate different customer needs, helping provide more borrowers with flexible and competitive products.

The re-price reflects our continued desire to offer brokers innovative solutions for borrowers.”