Let to Buy

There may be a variety of reasons for keeping your existing property and letting it out rather than selling it. You may regard it as a long-term investment or as a relatively short-term arrangement whilst you are working elsewhere. Whatever your plan, we can provide a mortgage that is right for you.

The Key features of this mortgage are detailed opposite. In addition to this, copies of our Tailored Mortgages and Mortgage Information leaflets are available as a PDF download.

For further details and to discuss your individual requirements please contact our Mortgage Department on 01582 765 411 or email mortgages@harpendenbs.co.uk.

pdf iconTailored Mortgages Leaflet PDF2.2MB
pdf iconMortgage Information Leaflet PDF2.4 MB
You will need to have Adobe Acrobat Reader installed on your computer to view or print any of our forms. Click here to download.

*The actual rate payable will depend upon your individual circumstances, please ask for a personalised illustration.

Let-to-Buy mortgages are not usually regulated by the Financial Services Authority (FSA). Follow this link for information regarding Mortgage Regulation.

Building insurance cover is required and can be arranged by the Society.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The Society is authorised and regulated by the Financial Services Authority.
Terms
Minimum loan: £25,000
Maximum loan: £500,000
Value of property: Not less than £75,000
Max Loan to Value: 70% of the property value
Current variable rate: From 5.19% *
Overall cost for comparison: 5.4% APR *
Portable: Yes
Ages: Min 18 - no maximum
Income capacity: Based on affordability
Property location: England and Wales
Repayment methods: Repayment, interest-only, part & part
Administration Fee: £25
Arrangement Fee: Refer
Valuation Fee: Refer
Legal Fee: Refer
Deeds Release fee: £50
Redemption fee: £75
Available for new purchase: Yes
Available for remortgage: Yes
Early repayment charge: For the first 3 years