6.54%
Loan Term
Tracker
- Scheme
- Lender's Standard Variable Rate (currently 6.54%, variable) + 0.00 for loan term, free legal service
- Overall Cost For Comparison
- 6.9% APR
- Early Repayment Charge
- No early repayment charges.
- Loan to value
- 75% loan to value up to £250,000 loan amount.
- Arrangement Fee
- £1,100 is due on completion. In addition to this a booking fee of £395 is payable on application.
- 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 5% (BBR + 4.50%.)
- Income Required
- £30,000
- Min. Mortgage Term
- 3 years
- Max. Mortgage Term
- 25 years
- Min. Age
- 25
- Max. Age
- 70
- Acceptable Areas
- England and Wales.
