MBS- Holiday Buy to Let Product Changes
Effective 25 March 2022, the Society will launch the following new buy to let products:
Holiday Buy to Let
BTL 129 (initial pay rate 3.09%) Holiday Buy to Let Fixed Rate to 31 July 2024, 75% LTV. £199 Application Fee, £999 Completion Fee. 2 years ERCs. Also available as a regulated product for Consumer Buy to Let applications (BTL 128).
BTL 126 (initial pay rate 3.59%) Holiday Buy to Let Fixed Rate to 31 May 2027, 75% LTV. £199 Application Fee, £999 Completion Fee. 5 years ERCs. Also available as a regulated product for Consumer Buy to Let applications (BTL 127).
Withdrawn Products
BTL 120 (initial pay rate 3.09%)
BTL 121 (initial pay rate 3.09%)
BTL 119 (initial pay rate 3.29%)
BTL 118 (initial pay rate 3.29%)
Outstanding applications will be given a deadline of close of business on 25 March 2022 for submission.
For full details of our new products and criteria, please visit our website www.themeltonbrokers.co.uk.