3.49%
1 year
Fixed Rate
- Scheme
- Fixed for 1 year (to 31/03/2013) then reverting to Standard Variable Rate (currently 4.99%, variable) for the remaining term
- Overall Cost For Comparison
- 5.3% APR
- Early Repayment Charge
- 5% of the amount being repaid until 31/03/2013.
- Loan to value
- 75% loan to value up to £350,000 loan amount.
- Arrangement Fee
- 3.5% of the loan amount is added to the loan at completion. - (Minimum of £595)
- Broker Fee
- A broker fee of £497 will apply. (other fee options available)
- Repayment Options
- Interest only or Repayment.
- Rent To Interest Cover
- The rental income must exceed 125% of the interest cost calculated at a rate of 4.99%.
- Income Required
- No requirement
- Min. Mortgage Term
- 5 years
- Max. Mortgage Term
- 35 years
- Min. Age
- 21
- Max. Age
- 90
- Acceptable Areas
- England, Wales, Scotland and Isle of Wight.
