2.99% Discounted

Rate Type
Discounted
Initial Rate
2.99%
Overall Cost For Comparison (APR)
5.2%
Initial Period
3 year term.
Reversion Rate
5.49% (SVR).
Purchase/Remortgage
Purchase and remortgage
Max LTV
70%
Min - Max Loan Amount
£750,000
Min - Max Mortgage Term
5 to 40 years.
Min - Max Age
No maximum age. Minimum age of 21 years old.
Income Required
We have no minimum salary requirement data.
Repayment Options
Interest only or repayment.
Rent to Interest Cover
135% at 5.50%.
Acceptable property locations
Early Repayment Charges
1.5% of the amount being repaid for the first year, then 1% until the end of year 2, then 0.5% until the end of year 3 (Overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge).
Arrangement Fee
£1,195 due on completion.
Broker Fee
A broker fee of £597 will apply.
Free Legals and Valuations
No fees free options are available.
Features

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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