NLA mortgages announces new rates

The National Landlords Association has announced a new range of fixed and variable interest rates, which are specifically tailored to the needs of landlords.

The mortgages offer competitive rates for landlords keen to raise capital to expand their portfolio or raise capital for refurbishments.

Variable rates start from 4.49% + BBR and provide up to 75% loan to value, while fixed rates start from 5.79%.

Both mortgages have £0 completion fee and offer free valuation and free legals on remortgages.

For those worried about interest rates going up, the rate can be fixed at 5.59% for 4 years, providing up to 70% loan to value.

For rate details or to make an application, visit landlords.org.uk/mortgages