Mortgage Trust - Buy-To-Let 2-Year Fixed Rate
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Mortgage Trust - Buy-To-Let 2-Year Fixed Rate
Type: Fixed-rate buy-to-let mortgage
Fixed term: Until March 31, 2014
Fixed rate: 5.24%
Minimum loan: £30,000
Maximum loan: Up to 75% of valuation subject to a maximum of £500,000
Income multiples: Rental income must be at least 125% of the mortgage repayments calculated on an interest-only basis at the pay rate
Conditions: Unlimited overpayments, up to five properties allowed within a maximum loan of £1m across the Paragon Group, available for properties in England and Wales
Arrangement fee: 3% of the original loan
Redemption fee: 5% of the original loan on full redemption only in the first two years
Introducer’s fee: Refer to lender
Tel: 0845 849 4055
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