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TODAY'S OTHER NEWS

New exclusive mortgage rate for NLA members

The National Landlord Association (NLA) has joined forces with Mortgage Trust to offer its members an exclusive buy-to-let deal not available in the wider marketplace.

The exclusive: two-year fixed rate deal is available at borrowing rate of 1.9% for two years, with a £1,995 flat fee, available up to 75% loan to value.

The rate, made possible by Mortgage Trust, has two separate rental calculations available in order to meet the different requirements of landlords:

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125% at 5.5% for basic rate taxpayers

145% at 5.5% for higher and additional rate taxpayers

In addition, the NLA is also offering non-members and associates free full membership to the NLA upon successful completion, while existing NLA members will receive cash back. 

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