Monday, 17 July 2017

New exclusive mortgage rate for NLA members

By Marc Da Silva


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:

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.

https://www.landlordtoday.co.uk/breaking-news/2017/7/new-exclusive-mortgage-rate-for-nla-members

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