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Private Exclusive - Buy to let fixed rate - 2 years - Over 1m GBP - London and South East only

For loans up to 60% of property value

Product namePrivate Exclusive - Buy to let fixed rate - 2 years - Over 1m GBP - London and South East only
Initial rate2.79%
Initial rate expires on
31st August 2021
Rate thereafterOffset variable Investment Housing Loan Rate, currently
5.60%
Overall cost for comparison5.2% APRC
Product fee£2,999
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
EligibilityThis product is exclusively available for properties in London and South East only. Please speak to your Relationship Partner for further details. Available for purchase and remortgage, new applications and product transfer. Applicants must be aged 18 or over. All loans are subject to status. Security will be required.
Maximum loan amount£1.5 million
Maximum loan to value60%
Minimum loan amount£1 million
Early repayment charge3% in year one
2% in year two
Special offersRemortgage: Legal fees and valuation paid for remortgages only #
Special features

At the end of the discounted/fixed period you can make extra payments or repay your whole mortgage without penalty.

 

# Free standard legals (excluding any fee charged by our preferred legal provider for transferring funds to the previous lender) and one free valuation on properties worth £2m, or less. If the property to be mortgaged is currently unencumbered then a free valuation is available.