Apply for a loan for up to 60% of the property valuation.
Mortgage name | 2 Year Fixed Rate Buy To Let BO1013 |
Max loan to value | 60% |
Initial rate | 4.98% |
Until | |
Variable rate thereafter, currently | 8.74% |
The overall cost for comparison is | 8.40% APRC |
Product fee | £499 for existing mortgage customers £999 for new mortgage customers |
Option to add product fee to mortgage | The product fee can be added to the loan, unless it takes a residential loan over 95% LTV or a BTL loan over 80% LTV. |
Special features |
At the end of the fixed rate period, additional payments or increased monthly payments may be made without charge. Remortgage: One free valuation for properties up to £3m Free standard legals (excluding any fee charged by our preferred legal provider for transferring funds to the previous lender) for properties up to £2m Properties over £3m – No incentives All incentives are subject to qualifying criteria being met. |
Early repayment charge | An early repayment charge applies during the fixed rate period 3% in year 1 2% in year 2 |
Eligibility | Applicants must be aged 18 or over. All loans are subject to status. Security will be required. |
Your home may be repossessed if you do not keep up repayments on your mortgage
During the initial period, your estimated monthly repayments would be: £ until
Thereafter, the rate would revert to our variable rate, currently 8.74%, which equates to a monthly payment of £
The overall cost for comparison is:
% APRC
Our mortgage calculator gives you an indication of monthly mortgage repayments. If you'd like to discuss your individual circumstances or obtain a personalised illustration, please contact us.
Make an enquiryYou can switch to this mortgage online if:
Please note to switch online you will need your mortgage account number. You can find this on your mortgage statement or other mortgage related letters.
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