Brightstar secures ERC-free BTL exclusive

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Brightstar Financial is offering an exclusive buy-to-let product funded by The Saffron Building Society.

The product has no early repayment charge and is only for properties in England and Wales.

The 4.99% variable rate product is available up to 75% LTV, with fees able to be added and interest-only available. The rental calculation is 125% of the monthly mortgage payments with a 1.99% completion fee.

John Eastgate, sales and marketing director of The Saffron, said: “Saffron takes great pride in working with brokers to deliver products their customers are truly looking for it’s a reflection of our tailored and flexible service seen in our underwriting and product development.””

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