Network Data launches online buy-to-let mortgage

The product is funded by Mortgage Express. A summary:

- 4.99% 3 Year Fixed

- Rental cover at 130% of pay rate

- Available up to 85% LTV

- No extended early repayment charge

Network Data Ltd will pay an enhanced procuration fee of 0.50% for all applications received that subsequently complete.

George Fleming, Network Data’s Lender Partnerships Manager: “There is clearly a great deal of movement within the Buy To Let market both in terms of purchase and remortgage activity and this very competitive product will only help to add to that activity.

"With the strength of Mortgage Express’s online proposition I am sure this product will be very well received.”