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

Mortgage Trust - Buy-To-Let 3-Year Fixed Rate

  • Print
  • Comment

Mortgage Trust - Buy-To-Let 3-Year Fixed Rate

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until March 31, 2015

Fixed rate: 5.49%

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 three 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.

Taxbriefs Advantage
Advantage is a digital reference source giving unbiased, independent, answers to your technical queries. Subscribe to Taxbriefs Advantage.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick



Poll

Do you agree with calls for a flat 30% rate of pensions tax relief?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments