3.05% Fixed

Rate Type
Fixed
Initial Rate
3.05%
Overall Cost For Comparison (APR)
4.2%
Initial Period
2 year term.
Reversion Rate
4.20% (SVR + -0.75%).
Purchase/Remortgage
Purchase and remortgage
Max LTV
70%
Min - Max Loan Amount
£2,000,000
Min - Max Mortgage Term
5 to 25 years.
Min - Max Age
From 21 years to 79 years old.
Income Required
A salary of at least £25,000 is required.
Repayment Options
Interest only or repayment.
Rent to Interest Cover
130% at 5.50%.
Acceptable property locations
England, Wales, Isle of Wight, Scotland
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 £597 will apply.
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.

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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