Buy to Let - Bank Base Rate Tracker + 1.30% for Term
This shows what you'll pay each month during your initial deal period. It doesn't consider any charges or fees if you decide to make any changes to your mortgage. Please note this is only an estimate.
Buy to Let - Bank Base Rate Tracker + 1.30% for Term
Initial Pay Rate
6.05%
Loan to Value
75%
APRC
5.9%
Fees
Yes
Information
Early Repayment Charge: Yes
Incentives: Yes
Things you need to know
Capital & Interest or Interest Only (Applicants must meet the Society's Interest Only Criteria)
No Application or Arrangement fee.i A valuation fee is payable. See fee scale for cost.
The interest rate on this product will not drop below 2.00% (following the fixed rate period).
None
Minimum Loan: £30,000 Maximum Loan: £500,000
Purchase 75%
Remortgage 75%
There are no restrictions in overpayments which can be made by monthly standing order.
Available for properties located in England and Wales.
This product is available for new mortgage customers only.
No Early Repayment Charges apply.
A mortgage of £124,217.00 payable over 25 years on a Bank of England Base Rate Tracker plus 1.30% would require 300 monthly payments of £804.13. The total amount payable would be £241,739.82 made up of the loan amount plus interest (£117,022.82), a valuation fee of £340.00, a funds transfer fee of £35.00 and a mortgage exit fee of £125.00.
The overall cost for comparison is 6.1% APRC representative
Call us on 01782 255000.
Lines are Open 9.00am to 5.00pm Monday to Friday, Saturday 9.00am to 12.00pm.
Mortgage Enquiry
Call us on 01782 255000 or complete the form below and a member of our team will be in touch
