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Welcome to the new Buy To Let Offset mortgage at 2.99% from Family Building Society
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With this exciting new product you can offset the interest by placing funds in the savings account, thus reducing the amount of interest charged. What a great way to increase your net profit from lettings at a time when landlords are facing a bigger tax bill.
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- 2.99% rate, discount for 2 years of 2.30%
- Available for purchase and remortgage up to 65% LTV
- Minimum loan amount £45,000. Max £1m
- Rental stress test is 145% @ 5.5%
- Maximum offsetting available is 100% of the mortgage
- Maximum of four Offset Savers can be linked to an Offset Mortgage
- Direct family members (borrower's spouse, parents, parent's sibling or Borrower's grandparents including step and in law's may hold an Offset Saver account
- Interest calculated monthly
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Submit an enquiry
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Contact us
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9 Compass Point
Ensign Way Hamble
Southampton
SO31 4RA
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Boris Blog
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Here are the thoughts of the directors of Complete FS, Tony Salentino and Phil Jay Boris Blog.
Click here
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