Buy to Let property – Total loan of £180k
The situtation: As part of our ongoing client care, we re-contacted a client who we arranged a Buy to let mortgage for previously. The client was close to the end of his fixed rate period and we contacted him to discuss the potential of a refinance application onto a new mortgage product.
The solution: We managed to source a new fixed rate at 3.69% for 2 years at 75% Loan to Value and secured £180,500 over 23 years. The mortgage process was concluded and offered quickly and we ensured that the loan completed as his early repayment charge had expired with his current lender.