Stroud & Swindon unveils BTL range

This includes a two-year fixed rate buy-to-let mortgage at 5.09% until 31 August 2009.

This new product is available through intermediaries or through Stroud & Swindon branches and agencies and has a maximum loan-to-value of 75%.

Those wishing to use this product to remortgage will benefit from a free valuation and access to a discounted legal fees package. At the end of the two years, the rate moves to 0.5% discount from the buy-to-let standard variable rate.

Paul Chafer, sales director at Stroud & Swindon, commented: “We are delighted to be able to offer this competitive product offering a rate below the current Bank of England base rate. We believe that this deal, part of our re-launched range of buy-to-let mortgages, shows our commitment to offering good value to our customers.”