Monday, August 15, 2016
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Trinity Specialist Financial has secured access to Precise Mortgages five-year fix buy-to-let product for Limited Company investors.
Highlights of the product include:
- 3.89% fixed rate until 31/10/2021
- Available up to 75% loan-to-value
- 1.5% mortgage arrangement fee
- Early Repayment Charges: 31/10/2017, 2% until 31/10/2020, then 1% until 31/10/2021
Aaron Strutt, director at Trinity Specialist Finance, says: “Precise has an attractive rental calculation of at 125% at the 4% reversion rate. If a property generates £2,000 each month the lender will offer up to £480,000. It will also accept one unsecured missed payment over the last 12 months.”
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