Limited company mortgages launched by prominent BTL lender

Limited company mortgages launched by prominent BTL lender


Todays other news
Rayner received £20,000 from Propertymark for a two hour appearance...
This applies to landlords earning more than £50,000...
The Royal Institution of Chartered Surveyors speaks out...
Latest figures reveal exactly how many possession notices have been...
This is from a survey of 350 UK commercial property...


The Mortgage Works, the specialist buy to let arm of Nationwide Building Society, today launches new limited company mortgages targeting the growing number of incorporated BTL landlords.

Advertisement

The new products come with legal fees and a valuation included.

Advertisement

The new rates at 75 per cent Loan to Value, which are also available for remortgages, are a two-year fixed rate at 3.34 per cent with a £1,995 fee; a two-year fixed rate at 3.49 per cent with a £995 fee; a five-year fixed rate at 3.69 per cent with a £1,995 fee; and a five-year fixed rate at 3.84 per cent with a £995 fee.

Advertisement

 

Daniel Clinton, head of The Mortgage Works, says: “Over the last few years, we have seen more and more landlords build their portfolios through limited companies following changes to the tax regime. 

Advertisement

“As a leading buy to let mortgage provider, we always look to offer a range of competitive mortgages to suit whatever the landlord’s circumstances. These latest products reinforce our support for the limited company market, helping reduce upfront costs for landlords.”

Advertisement

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Person handing over a stack of US dollar bills in a professional setting.
Rayner received £20,000 from Propertymark for a two hour appearance...
Miniature houses with property tax crossword tiles on wooden surface.
This applies to landlords earning more than £50,000...
Scissors cutting red paper figures representing tenants, symbolising eviction process.
The Royal Institution of Chartered Surveyors speaks out...
Eviction notice paper with glasses and pen on wooden table.
Latest figures reveal exactly how many possession notices have been...
The warning says no landlord, anywhere, is immune from the...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
Emily Coltman FCA is Chief Accountant at FreeAgent...
Can a landlord database tackle rogue operators, or will it...
There's been a survey of landlords and tenants - with...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.