05 Feb, 2008
Mortgage Intelligence has teamed up with
The Mortgage Business to offer an exclusive House2House deal.
The buy-to-let deal is based on income affordability rather than
the traditional rental calculation, at 6.34% - bank base rate plus
0.84% - until February 28 2010.
The deal is only available through the MI packaging team.
The arrangement fee is 1% and there are no higher lending or early
Julie Johnston, head of mortgage products at MI says: "This is an
excellent deal coming at a time when interest in buy-to-let is on
the rise due to regional dips in house prices, which make property
investment even more attractive.
"The fact that the exclusive is based on income affordability
rather than a rental calculation is also likely to prove