5.99%
3 year
Fixed Rate
- Scheme
- Fixed for 3 years (to 31/12/2011) then reverting to Standard Variable Rate (currently 5.34%, variable) for the remaining term, free valuation
- Overall Cost Comparison
- 5.7% APR
- Early Repayment Charge
- 4% of the amount being repaid until 31/12/2011 from drawdown.
- Loan to value
- 65% loan to value up to £1,000,000 loan amount.
- Arrangement Fee
- £1,749 is due on completion.
- Broker Fee
- A broker fee of £497 will apply.
- Repayment Options
- Interest only and Repayment.
- Rent To Interest Cover
- The rental income must exceed 100% of the interest cost calculated at 5.99%.
- Income Required
- £20,000
- Min. Mortgage Term
- 1 years
- Max. Mortgage Term
- 30 years
- Min. Age
- 21
- Max. Age
- 85
- Acceptable Areas
- England, Wales, Scotland, Isle of Wight and Northern Ireland.
