Buy-To-Let Mortgage Product Details
Clydesdale Bank
RATE
- Introductory:
2.99% Fixed to 30/04/2021
- After That:
Reverting to a 5.60% Variable for the remaining term of the mortgage
MAXIMUM LOAN TO VALUE
- Property Purchase
First Time Buyer:
60%
Second Time Buyer:
60%
Remortgage:
60%
PRODUCT FEES
Arrangement £999
Remember that other fees such as valuation fees, legal fees and Stamp Duty may also be payable
EARLY REPAYMENT
- Early Repayment charge:
1st 2 yrs: 3/2% Sum Repaid
- Exit fees:
Deeds Fee £195.00 Fixed
APPLICATION CRITERIA
- Maximum Age:
N/A
- Minimum Earned Income:
£30K
- Available To:
First Time Buyer:
Second Time Buyer:
Remortgages:
Expat First Time Buyer:
Expat Second Time Buyer:
Expat Remortgages:
Specialist Landlord Types
Also for First Time Landlord
INCENTIVES
MORTGAGE DETAILS
Minimum/maximum loan:
Max £750K
Maximum number of properties allowed:
Max 3 props Excluding Residential. Max advance unlimited.
Minimum rental income required:
Rental Income Min 125.00% of mtge interest. Calc at Product Pay Rate. Rental Income OR Income Multiples apply.
Location of property:
Great Britain
FLEXIBLE FEATURES
Overpayments:
Underpayments:
Payment Holidays:
Drawdown:
Lump sum:
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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