Buy-To-Let Mortgage Product Details

Leeds BS Variable

RATE

  • 1.82% Variable to 31/05/2021
  • Reverting to a 4.99% Discounted Variable to 31/05/2024 (1.00% disc); Reverting to an Existing Borrowers Rate of 5.99% for the remaining term of the mortgage

MAXIMUM LOAN TO VALUE


    • N/A
    • 70%
    • 70%

PRODUCT FEES

Completion £999

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

EARLY REPAYMENT

  • To 31/5/21: 3/2% Sum Repaid
  • Redemption Admin Fee £134.00 Fixed (not payable for full mtge term); Deeds Fee £65.00 Fixed (not payable for full mtge term)

APPLICATION CRITERIA

  • Max Age 85 at end of mortgage
  • N/A

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

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

INCENTIVES

Free valuation fees (Max £999). REMTGS help towards costs,

MORTGAGE DETAILS

  • N/A
  • Max 10 props Excluding Residential. Max 4 Props With Lender. Total Max Advance £1.25M.
  • Rental Income Min 140.00% of mtge interest. Calc at Managed Rate of 5.50%.
  • Great Britain, Northern Ireland

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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