FHL launches packager buy-to-let range

The 65% LTV products are a 2-year fix at 3.44%, a 3-year fix at 3.74%, a 5-year fix at 4.29% and a 3.31% variable plus LIBOR.

To 75% LTV its 2-year fix is 3.69%, its 3-year fix is 3.89% and its 5-year fix is 4.39%. Its LIBOR variable is 3.41%.

Paul Brett, business development director at FHL, said: “This package is designed to accommodate a wide range of landlord requirements.

“From those who want to lock into attractive rates ahead of an expected rate rise, first-time landlords taking their first steps on the BTL ladder and more experienced practitioners wanting to keep upfront costs to a minimum by taking advantage of the free valuation and free legals package.”

Products come with free legals to £399 if Goldsmith Williams instruct, no early repayment charges and an arrangement charge of 2% which is added on to the loan up to 80% LTV.

Tony Salentino, director at Complete FS, said: “This is a strong proposition from a lending partner, which has continued to impress with its forward thinking agenda of product enhancement and service.

“Our introducers will be delighted to see this new range which gives them and their clients a tremendous opportunity to either guarantee their borrowing costs by remortgaging or to cost effectively start or increase their property portfolios.”