Buy-To-Let Mortgage Product Details

Leek United BS 

RATE

  • 2.80% Fixed to 31/12/2022
  • Reverting to a 5.19% Variable (collared at 3.00%) for the remaining term of the mortgage

MAXIMUM LOAN TO VALUE


    • 75%
    • 75%
    • 75%

PRODUCT FEES

Completion £895, Booking £100

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

EARLY REPAYMENT

  • To 31/12/22: 5/4/3/2/1% Outstanding Balance
  • Redemption Admin Fee £85.00

APPLICATION CRITERIA

  • N/A
  • £20K

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

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

INCENTIVES

Free valuation fees. No Higher Lending Charge (HLC).

MORTGAGE DETAILS

  • Min £50K
  • Max 10 props Max 5 Props With Lender. Max advance unlimited.
  • Rental Income Min 140.00% of mtge interest. Calc at Managed Rate of 5.50%.
  • Wales, England

FLEXIBLE FEATURES

  • Yes
  • 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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