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Buy to let fixed rate - 5 years Interest only

For loans up to 75% of property value

Product nameBuy to let fixed rate - 5 years Interest only
Initial rate2.79%
Initial rate expires on
31st December 2025
Rate thereafterOffset variable Investment Housing Loan Rate, currently
4.95%
Overall cost for comparison4.8% APRC
Product fee£1999
Option to add product fees to mortgageYes the product fee can be added to the loan, provided the total borrowing does not exceed the maximum LTV for the product type
EligibilityApplicants must be aged 18 or over. All loans are subject to status. Security will be required
Maximum loan amount£1,000,000
Maximum loan to value75%
Minimum loan amount£80,000
Early repayment charge5% in years one and two
4% in year three
3% in year four
2% in year five
Special features

Remortgage: Free valuation incentive up to £3m property value

 

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