Refinance of a Buy To Let property. No Lending Fees or Valuation Fees

Deal Structure

Loan amount £255k

70% LTV

Interest Rate 5.69% Fixed for five years

0% Arrangement Fee

10 Year Interest Only

Deal Summary

Our client wanted to refinance one of his Buy to Let properties to in order to release some cash to enable him to refurbish his portfolio and generate extra rent.

He had seen articles and adverts from lenders charging up to 6% in Arrangement Fees alone, which had put him off as he was keen to avoid costly fees & expenses.

After talking to one of our lenders, it became apparent that he would qualify for one of their fee-free products including no valuation costs, which ticked a lot of boxes for the client.

The client selected a 5 year Fixed Rate product on an Interest Only basis and this fee-free option gave him the piece of mind that he wasn’t paying over the odds to raise extra funds he needed.

Contact Simon Parkinson

07775 671 680

[email protected]