A new
buy-to-let mortgage has been launched by em-homeloans and Rooftop Mortgages.
The new
mortgage will form part of the Rx mortgage range and will offer a fixed
mortgage rate of 5.5 per cent, reports Mortgage Introducer.
Buy-to-let mortgage holders will not be required to give proof of income and no overhang on
mortgages or
remortgages applies.
This
buy-to-let mortgage, which offers a maximum
loan to value of 85 per cent, is one of the "many excellent new products" available from Rooftop, says Simon Mouncher, operations director at em-homeloans.
He believes this buy-to-let mortgage will be particularly popular among mortgage brokers, " especially when coupled with our popular free valuations no application fee offer".
Rooftop's sales and marketing director, Alison Beech, explains that the
mortgage lender has been refreshing and developing its mortgage range over the last few weeks to include lifetime tracker mortgages and some "very competitive" fixed rate mortgages, which include this
buy to let mortgage.
