Charcol launches new buy to let mortgage deals

07 September 2005
Independent UK mortgage broker John Charcol has launched two new exclusive buy to let mortgage deals in conjunction with leading building societies.

Both deals are available for purchase or remortgage, with all lending in sterling, protecting homeowners from any currency risk.

The first deal, available through Scarborough Building Society, features a low initial rate of 3.49 per cent, and is virtually fee-free, offering a refund in valuation fees, or £350 cashback on a remortgage, plus the limited offer of no arrangement fee.

Offered in conjunction with West Bromwich Building Society, Charcol's second new deal allows up to ten per cent overpayment annually, and features no early repayment charges.

Ray Boulger, senior technical manager at John Charcol, commented: "Buy to let now represents a significant part of the overall market, and we are pleased to have developed some highly sophisticated deals with these lenders that, just five years ago, would have been unheard of for your average buy-to-let investor."
To read more about buy to let mortgages, click here.

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