Monmouthshire launches buy-to-let rates from 2%

Monmouthshire Building Society has launched a new range of two year buy-to-let house purchase and remortgage products.

Related topics:  Mortgages
Rozi Jones
6th April 2017
Monmouthshire Building Society
"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 range offers fixed and discount interest rates up to 75% LTV, including a discount rate purchase mortgage at 2.00% and a fixed rate purchase mortgage at 2.10%, both with a £995 product fee and £150 application fee.

Remortgage products feature no application fee, assisted legal fees and one free standard valuation. The product range includes a two year discount rate at 2.30%, as well as a two year fixed rate at 2.40%.

Colin Strong, Head of Lending Procurement, commented: “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.”

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