Published 28 June 2012 · Last reviewed 24 May 2013 · Older article — see current rates
I have been getting a lot of Buy-to-Let re-mortgage enquires in the last month and have come across a very good product which seems to be going down well with my clients who are stranded on standard variable rates.
The payrate is 4.40%, which includes a discount for 2 years. The main lender fees total £399. The product also has a free valuation and free basic legal service built-in.
To find out more about this product, or our Buy-to-let 3.99% two year tracker, please call and we will be able to advise on whether you are eligible T: 020 7993 2044.
Most buy-to-let mortgages are not regulated by the Financial Conduct Authority. A small number of buy-to-let mortgages are FCA-regulated — typically Consumer Buy-to-Let (where the borrower is not acting in the course of a business, such as an accidental landlord who has inherited or moved out of a former main residence) and Family Buy-to-Let (where the property is let to an immediate family member). Limited-company buy-to-let, portfolio buy-to-let and standard personal-name buy-to-let are not regulated by the FCA.
Where the underlying mortgage is not FCA-regulated, the lender's conduct on that loan is not covered by FCA rules and you may have reduced access to the Financial Ombudsman Service for complaints about the lending decision or product terms. However, Niche Advice Limited is a Credit Broker authorised and regulated by the Financial Conduct Authority (FCA No: 750263), and our broking activity — including the introduction we make to the lender — IS FCA-regulated under the FCA's CONC rules. Complaints about our broking service can therefore be referred to the Financial Ombudsman Service in the usual way.



