The Mortgage Lender cuts BTL rates, launches new product | Mortgage Strategy

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The Mortgage Lender has cut rates in its buy-to-let range and launched a new product.

The firm says has re-priced its five-year fixed 75% loan to value cashback & fees assisted products, with rates now starting at 3.33% for standard properties and 3.45% for houses in multiple occupation.

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

It has also cut rates on its 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, for purchases, or £500 cashback, for remortgages.

The firm also launches a new five-year 70% LTV high fee mortgage at a 3.20% rate, which comes with a completion fee of £2,495.

The Mortgage Lender sales & product director Steve Griffiths says: “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.”


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