Mortgage News
Brightstar launches Saffron BTL exclusive
Brightstar Financial has launched an exclusive two-year variable buy-to-let deal from Saffron Building Society with no early repayment charges (ERCs).
The deal has a rate of 4.99%, giving a 0.40% discount off Saffron’s SVR for two years, and is available up to 75% LTV, with a 1.99% completion fee.
Fees can be added to the loan and interest-only available and the rental calculation is 125% of monthly mortgage payments.
The deal is only available to properties in England and Wales.
John Eastgate, sales and marketing director of Saffron Building Society, said: “We’re delighted to offer this exclusive buy-to let mortgage. Saffron takes great pride in working with brokers to deliver products their customers are truly looking for.”
Rob Jupp, managing director of Brightstar Financial, said: “Our focus group of brokers requested an ERC free buy-to-let product and we are delighted that our friends at the Saffron Building Society could deliver the product.”
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