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Buy to let fixed rate - 5 years Interest only - fee offer BO1176
For loans up to 75% of property value
| Product name | Buy to let fixed rate - 5 years Interest only - fee offer BO1176 |
| Initial rate | 6.48% |
| Initial rate expires on | 30th November 2028
|
| Rate thereafter | Offset variable Investment Housing Loan Rate, currently 9.74% |
| Overall cost for comparison | 8.50% APRC |
| Product fee | £0 |
| Option to add product fees 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. |
| Eligibility | 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 value | 75% |
| Minimum loan amount | £80,000 |
| Early repayment charge | 5% in years one and two 4% in year three 3% in year four 2% in year five |
| Special features | At the end of the discounted/fixed period you can make extra payments or repay your whole mortgage without penalty. Purchase or Unencumbered: One free valuation for properties up to £3m 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 |
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