- 2.95 per cent – a discount of 1.8 per cent from the Society’s SVR, currently at 4.75 per cent
- 3 Year Discounted Holiday Buy To Let Mortgage available on house purchases, capital raising and remortgages.
- No arrangement fees
- Available up to 70 per cent Loan To Value (LTV) on interest only or capital repayment.
Stafford Railway Building Society (SRBS) continues to expand its mortgage range by launching a 3 Year Discounted Holiday Buy To Let Mortgage at 2.95 per cent with no arrangement fees.
The 3 Year Discounted Holiday Buy To Let Mortgage is available on house purchases, remortgages and capital raising on mortgage free buy to let properties. The product allows borrowers to borrow up to 70 per cent loan-to-value (LTV), for 3 years from completion at 2.95 per cent – a discount of 1.8 per cent from the Society’s SVR.
The Society also offers up to 10 per cent penalty-free capital overpayment each year and tapered early repayment charge.
The Society currently does not lend on consumer buy to lets.
“We’re delighted to launch this 3 Year Discounted Holiday Buy To Let Mortgage. We are only one of a handful of lenders who offer this service, and we will continue to expand our mortgage range after listening to feedback from our members and dedicated brokers”.
Stafford Railway Building Society mortgage products are available through intermediaries and direct and all products are available throughout England and Wales.