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3.09% Fixed

Rate Type
Fixed
Initial Rate
3.09%
Overall Cost For Comparison (APR)
5.2%
Initial Period
2 year term.
Reversion Rate
5.20% (LIBOR + 4.30%).
Purchase/Remortgage
Purchase and remortgage
Max LTV
75%
Min - Max Loan Amount
£2,000,000
Min - Max Mortgage Term
5 to 40 years.
Min - Max Age
From 25 years to 75 years old.
Income Required
We have no minimum salary requirement data.
Repayment Options
Interest only and 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.
Arrangement Fee
1.50 % due on completion.
Broker Fee
A broker fee of £597 will apply.
Free Legals and Valuations
No fees free options are available.
Features
A non-refundable administration charge of £195 is payable per application.
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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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