Buy-To-Let Mortgage Product Details

Molo Finance 

RATE

  • 1.80% Fixed for 2 years
  • Reverting to a 5.10% Variable for the remaining term of the mortgage

MAXIMUM LOAN TO VALUE


    • 65%
    • 65%
    • N/A

PRODUCT FEES

Arrangement £450, - FTB,STB

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

EARLY REPAYMENT

  • 1st 2 yrs: 2/1% Sum Repaid
  • Deeds Fee £22.50 Fixed; Mortgage Admin Fee £100.00 Fixed

APPLICATION CRITERIA

  • Max Age 85 at end of mortgage
  • £20K

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

    • Also for First Time Landlord

INCENTIVES


MORTGAGE DETAILS

  • Min £25001
  • Max 4 props Total Max Advance £4M.
  • Rental Income Min 125.00% of mtge interest. Calc at Managed Rate of 5.50%.;Rental Income Min 150.00% of mtge interest. Calc at Managed Rate of 5.50%.;Rental Income Min 153.00% of mtge interest. Calc at Managed Rate of 5.50%.
  • England, Wales

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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