The Stafford Building Society has introduced two buy-to-let mortgage products – which includes a 2-year product at 3.05% to 70% loan-to-value.
It does come with a 5.00% arrangement fee – which is payable upon completion or can be added to the loan balance; provided the total borrowing does not exceed 70% LTV – and a £100 application fee.
The product allows income from holiday lets and Airbnbs.
Emma Parker, national account manager at The Stafford Building Society, said: “These new products have been designed to meet the needs of both traditional landlords and those operating in the holiday let sector.
“We continue to support brokers with products that are straightforward, manually underwritten, and built around responsible lending, while also offering low charging rates that suit landlords who want to keep their monthly outgoings tightly controlled.”