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2.99% Fixed

Rate Type
Fixed
Initial Rate
2.99%
Overall Cost For Comparison (APR)
5.6%
Initial Period
2 year term.
Reversion Rate
5.68% (LIBOR + 4.90%).
Purchase/Remortgage
Purchase and remortgage
Max LTV
65%
Min - Max Loan Amount
£1,000,000
Min - Max Mortgage Term
5 to 30 years.
Min - Max Age
From 21 years to 85 years old.
Income Required
We have no minimum salary requirement data.
Repayment Options
Interest only or repayment.
Rent to Interest Cover
125% at 5.50%.
Acceptable property locations
Early Repayment Charges
3% of the amount being repaid for the first year, then 2% until the end of year 2 (Overpayments of up to 10% of the loan amount can be made in any 1 year without incurring Early Repayment Charges. ).
Arrangement Fee
2.00 % due on completion.
Broker Fee
A broker fee of £597 will apply.
Free Legals and Valuations
No fees free options are available.
Features
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NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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