The two year fixed rate product comes at a rate of 2.95% (APR 5.5%), no product fees, a free standard valuation and free legal costs.
This product is available through The Business Mortgage Company and a selected group of brokers on Legal & General’s distribution panel, who Newcastle Intermediaries launched with in March. This product is available at a maximum loan to value of 75% and is ideal for those looking to change their existing deal.
Steve Carruthers, Head of Mortgage Distribution at Newcastle Intermediaries, said:
“We continue to see increased interest in our Buy to Let proposition and this competitive product will offer a great option for re-mortgaging landlords, looking to avoid high product fees.”
