3mc launches Precise exclusive for limited companies

Mortgage distributor 3mc has today launched an exclusive buy-to-let mortgage deal funded by Precise Mortgages targeting houses in multiple occupation, including limited company buy-to-lets.

Related topics:  Commercial,  Commercial finance
Amy Loddington
17th August 2016
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The deal, which is also available through 3mc’s network partners Home Loan Partnership, The Right Mortgage and Protection Network, Sesame, Stonebridge Network and to directly authorised members of the PMS Mortgage Club, has a 3.89% fixed rate for two years at a maximum LTV of 75%.

Doug Hall, Director of 3mc, said:

“Both HMOs and limited company BTLs have become increasingly popular as investors seek higher returns. I’m therefore delighted to be announcing this excellent deal today.”

Alan Cleary, Managing Director of Precise Mortgages, said:

“3mc has a detailed understanding of the needs of professional property investors and is therefore an ideal partner to market this specialist mortgage deal. This is an ideal time for borrowers to lock into today’s low rates and I’m sure this 2 year fix will prove to be very popular.”

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