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6.65% 3 Year Discount Rate, variable

Scheme 6.65% 3 Year Discount Rate, variable
Scheme Type 6.65% variable, the lender's Standard Variable Rate (currently 7.34%, variable) - 0.69% for 3 years, then reverting to the lender's Standard Variable Rate + 0.50% to give a current reversion rate of 7.84%
Overall Cost Comparison 7.9%
Early Repayment Charge 6 months interest at the lenders Standard Variable Rate for the first 3 years from drawdown.
Loan To Value 75% to £500,000
Arrangement Fee £690
Broker Fee £297
Repayment Options Interest Only or Repayment
Rent To Interest Cover 110% at the product rate
Income Required £20,000
Minimum Mortgage Term 5 Years
Maximum Mortgage Term 40 Years
Minimum Age 25
Maximum Age 67
Acceptable Areas England, Wales, Scotland, Northern Ireland


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