| Buy-to-Let |
As well as the usual assured shorthold tenancy agreements, we also like to hear about: Regulated/sitting tenants. The Society will lend on most residential properties, e.g. houses, bungalows, both purpose built or converted leasehold flats and maisonettes (up to the fourth floor). Leasehold properties must have at least 30 years remaining on the lease at the end of the mortgage term. Key features of this mortgage |
| Minimum loan: | £25,001 |
| Maximum loan: | £1 million |
| Value of property: | Not less than £100,000 |
| Max Loan to Value: | 75% of the property value |
| Current variable rate: | 7.19% * |
| Overall cost for comparison: | 7.50% APR * |
| Portable: | Yes |
| Ages: | Min 18 years - no maximum |
| Income capacity: | Based on affordability |
| Valuation fee: | See Scale |
| Property location: | England and Wales |
| Repayment methods: | Repayment, interest-only, part & part |
| Arrangement fee: | £200 payable on completion |
| Administration Fee: | £25 |
| Available for new purchase: | Yes |
| Available for remortgage: | Yes |
| Early repayment charge: | For the first 3 years |
| Deeds Release fee: | £50 |
| Redemption fee: | £75 |
* The actual rate payable will depend upon your Client's individual circumstances, please ask for a personalised illustration. To discuss your Client's requirements, either complete our on-line Enquiry form or telephone our Mortgage Department on 01582 765411. Building insurance cover is required and can be arranged by the Society. |
The Society is authorised and regulated by the
Financial Services Authority

