Buy-To-Let Mortgage Product Details

Skipton BS 

RATE

  • 1.67% Fixed to 30/04/2021
  • Reverting to a 5.19% Variable for the remaining term of the mortgage

MAXIMUM LOAN TO VALUE


    • N/A
    • 60%
    • 60%

PRODUCT FEES

Completion £995

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

EARLY REPAYMENT

  • To 30/4/21: 2/1% Outstanding Balance
  • Redemption Admin Fee £65.00 Fixed; Mortgage Interest to End of Month

APPLICATION CRITERIA

  • Max Age 80 at end of mortgage
  • £20K

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

    • Also for First Time Landlord, Professional Landlord

INCENTIVES

Free valuation fees, REMTGS free legal fees

MORTGAGE DETAILS

  • Min £5K
  • Max 10 props Excluding Residential. Max 5 Props With Lender. Total Max Advance £1M.
  • Rental Income Min 125.00% of mtge interest. Calc at Managed Rate of 5.50%.;Rental Income Min 145.00% of mtge interest. Calc at Managed Rate of 5.50%.
  • Great Britain

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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