This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+Cover+small+181214
Categories:Mortgages

Mortgage Trust - Buy-To-Let 2-Year Fixed Rate

  • Print
  • Comment

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

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

AXA Wealth


Fund Data

Editor's Pick



Poll

Will providers be forced to pay out compensation over annuity misselling?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments