Mansfield Building Society has launched a new range of buy-to-let products. These include a purchase only option and remortgage rates for buy-to-let properties at a loan to value rate of up to 70 per cent.
| Key Features |
| - Purchase only BTL rate of 2.65 per cent for two years. Free basic valuation, application fee of £199 and completion fee of £999 |
| - Remortgage BTL with 2.65 per cent rate for 2 years. Application fee £199 and completion fee of £999 |
| - Remortgage BTL with rate of 2.99 per cent. Application fee of £199 and completion fee of £300 |
| - Free legal fees, as well as a free basic valuation on both remortgage products |
Adviser verdict
Simon Webster, managing director of Kent-based Facts and Figures, said: “The buy-to-let rates on offer from Mansfield Building Society are very attractive, and so are the fees. Generally, fees on buy-to-let mortgages and remortgages are pretty high, so anything under £1,500 is very attractive.”
