Mortgage Express launches Limited Company buy-to-let deals

The new deals are available with Mortgage Express’ “with guarantees” product and are subject to a minimum loan of £50,000. Terms and interest rates for the three new deals are:

5.89% fixed for three years

5.99% fixed for five years

0.51% discount for three years (a pay rate of 5.99%)

Buy-to-Let Product Development Manager Andrew Moss said that the new rental cover requirements of 125% for fixed rate deals of five years and over (based on pay rate) also apply to the Limited Company Product.

“‘We are constantly striving to maintain our market-leading position by offering great products, with a very high standard of customer service’’, said Mr Moss.

The new Buy-to-Let deals are for Limited Companies in England and Wales and properties in England and Wales