Best current BTL mortage rate??
Best current BTL mortage rate??
Author
Discussion

MarsellusWallace

Original Poster:

1,180 posts

218 months

Thursday 8th December 2011
quotequote all
Just a quick question for the mortgage gurus!

Whats the best deal for a remortgage on this BTL property at the moment.

Property value:£125k

Remortgage value:£50k

Mortage type:repayment

Term:10 or 15 years

Yield: £600pcm

I dont want to fix for more than 2 years.


Sarnie

8,235 posts

226 months

Thursday 8th December 2011
quotequote all
What about fee's?

Chasing the lowest rate will usually bring up products with huge fee's (3.5% of advance) but there will be products with lower/no fee's but will have a higher rate.

Which do you prefer?

MarsellusWallace

Original Poster:

1,180 posts

218 months

Thursday 8th December 2011
quotequote all
Doesnt matter really,just the best overall deal.

Sarnie

8,235 posts

226 months

Thursday 8th December 2011
quotequote all
You have mail. smile

MarsellusWallace

Original Poster:

1,180 posts

218 months

Thursday 8th December 2011
quotequote all
Not arrived ???

Sarnie

8,235 posts

226 months

Thursday 8th December 2011
quotequote all
MarsellusWallace said:
Not arrived ???
Check your junk mail, PH mails seems to go straight there smile