Buy-To-Let Mortgage Product Details

Principality BS 

RATE

  • 2.45% Fixed to 31/10/2022
  • Reverting to an Existing Borrowers Rate of 4.74% for the remaining term of the mortgage

MAXIMUM LOAN TO VALUE


    • N/A
    • 60%
    • 60%

PRODUCT FEES

No additional product fees

Remember that other fees such as valuation fees, legal fees and Stamp Duty may also be payable

EARLY REPAYMENT

  • To 31/10/22: 5/5/3/3/1% Sum Repaid
  • Discharge Fee £155.00 Fixed

APPLICATION CRITERIA

  • Max Age 76 at end of mortgage
  • £20K

    • No
    • Yes
    • Yes
    • No
    • No
    • No

    • Also for First Time Landlord, Foreign National, Professional Landlord, Property Developer

INCENTIVES

Free valuation fees. REMTGS free legal fees. No arrangement fees. No Higher Lending Charge (HLC).

MORTGAGE DETAILS

  • Min £25001
  • Max 3 props Excluding Residential. Total Max Advance £1.5M.
  • Rental Income Min 145.00% of mtge interest. Calc at Managed Rate of 5.50%.
  • Wales, England

FLEXIBLE FEATURES

  • No
  • No
  • No
  • No
  • No
YOUR BUY-TO-LET PROPERTY MAY BE REPOSSESSED IF YOU FAIL TO KEEP UP REPAYMENTS ON ANY MORTGAGE SECURED ON IT. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.
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