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Buy to let fixed rate - 5 years Interest only - fee offer

For loans up to 75% of property value

Product nameBuy to let fixed rate - 5 years Interest only - fee offer
Initial rate2.69%
Initial rate expires on
31st August 2024
Rate thereafterOffset variable Investment Housing Loan Rate, currently
5.60%
Overall cost for comparison4.8% APRC
Product fee
£0
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
EligibilityAvailable 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£500,000
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 offers£0 product fee
Remortgage: 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.

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