Buy-To-Let Mortgage Rates Slashed

Nationwide's buy-to-let arm, The Mortgage Works, has slashed mortgage rates and launched the first ever five-year fixed rate for landlords below 2 per cent. The deal is priced at 1.99 per cent for five years and requires a 50 per cent deposit or equity in the property. It comes with a hefty £1,995 fee. Rates for the zero fee version of the deal start at 2.39 per cent. The lender - one of the UK's biggest buy-to-let mortgage providers - has also cut rates across its buy-to-let range by 0.15 percentage points and launched a fee-free two-year fixed rate at 2.14 per cent. Read more on the Daily Mail website.

http://www.dailymail.co.uk/money/buytolet/article-5386679/Lenders-slashing-buy-let-mortgage-rates.html