2.99% Fixed

Rate Type
Fixed
Initial Rate
2.99%
Overall Cost For Comparison (APR)
5.2%
Initial Period
2 year term.
Reversion Rate
% (SVR + %).
Purchase/Remortgage
Purchase and remortgage
Max LTV
75%
Min - Max Loan Amount
£2,000,000
Min - Max Mortgage Term
5 to 25 years.
Min - Max Age
From 21 years to 80 years old.
Income Required
A salary of at least £25,000 is required.
Repayment Options
Interest only or repayment.
Rent to Interest Cover
125% at 5.50%.
Acceptable property locations
England, Wales, Isle of Wight
Early Repayment Charges
3% of the amount being repaid for the first 2 years from drawdown.
Arrangement Fee
1.00 % due on completion.
Broker Fee
A broker fee of £497 will apply for personal applications and £597 for applications made by limited companies.
Free Legals and Valuations
Free valuation.
Features
Director's unsupported Personal Guarantees will be required if the mortgage is taken in the name of a Limited Company.
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