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Buy to let fixed rate - 2 years Interest Only - fee offer

For loans up to 75% of property value

Product nameBuy to let fixed rate - 2 years Interest Only - fee offer
Initial rate2.94%
Initial rate expires on
31st March 2023
Rate thereafterOffset variable Investment Housing Loan Rate, currently
4.95%
Overall cost for comparison4.8% APRC
Product fee
£0
Option to add product fees to mortgageYes the product fee can be added to the loan, provided the total borrowing does not exceed the maximum LTV for the product type
EligibilityApplicants must be aged 18 or over. All loans are subject to status. Security will be required
Maximum loan amount£500,000
Maximum loan to value75%
Minimum loan amount£80,000
Early repayment charge3% in year one
2% in year two
Special features

At the end of the discounted/fixed period you can make extra payments or repay your whole mortgage without penalty.

Purchase or Unencumbered: One free valuation for properties up to £3m

Remortgage: One free valuation for properties up to £3m Free standard legals (excluding any fee charged by our preferred legal provider for transferring funds to the previous lender) for properties up to £2m

 

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