Post Office and financial services partner Bank of Ireland has launched a series of Buy to Let mortgage deals.
The group said that its offering would include a strong range of fixed rate products "with deals at both 60% and 75% LTV for 2, 3 and 5 year mortgages". Certain deals come without an arrangement fee and include a free valuation and legal package.
John Willcock, Head of Mortgages at Post Office said: "Post Office's mortgage offering has gone from strength to strength since its launch.
"We constantly review our product range and move quickly to respond to customer demand and changes in the market. There has been a significant increase in the demand for buy to let mortgages in the last 12 months as more borrowers begin to consider the rental market.
"We are committed to offering all borrowers competitive mortgages that address their needs - whether they're a first-time buyer, someone looking to move up the property ladder, or someone looking to take out their first buy to let mortgage."
Comments
Hope this will help lots of people out there to buy their dream house in a legal package. Honestly, as a result of the housing market tanking in the past few years, a large number of homeowners have come into mortgages that are said to be underwater. [url="http://personalmoneynetwork.com/moneyblog/2012/06/12/eminent-domain-underwater-mortgages/"]Underwater mortgage[/url] is technically referred to as negative equity; a large number of people wound up making mortgage payments on loans that were for more than the home was worth in the market.