NLA mortgages announces new rates

The mortgages offer competitive rates for landlords keen to raise capital to expand their portfolio or raise capital for refurbishments, according to the NLA.

Variable rates start from 4.49% + BBR and provide up to 75% loan to value, while fixed rates start from 5.79%.

Both mortgages have no completion fee and offer free valuation and free legals on remortgages.

For those worried about interest rates going up, the rate can be fixed at 5.59% for 4 years, providing up to 70% loan to value.