The Mortgage Lender has reduced completion fees on buy-to-let loans above £500,000 to 0.5%, and the completion fee for loans over £750,000 to 0.75%. They say that a reduction in the completion fee for investors looking to invest in buy-to-let provides brokers and their clients with better value in an area of the market that has seen a considerable reduction in mortgage products on offer from lenders since the coronavirus outbreak.
This helps to stimulate large investments into the property market by those looking to invest a lot of money to take advantage of falling prices and historically low-interest rates on mortgages. You too could strike the iron while it’s hot. Tell us more about your situation and we’ll find the perfect investment for you!