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
75%
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
A salary of at least £25,000 is required.
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
Personal guarantees are required from the directors and shareholders.

NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Get in contact with us: 0345 345 6788 or ...

Submit an enquiry
Arrange a call back