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Categories:Mortgages

TBMC - Hinckley & Rugby 3.25% Two-Year Discounted Buy-to-Let

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TBMC - Hinckley & Rugby 3.25% Two-Year Discounted Buy-to-Let

Type: Discounted-rate buy-to-let mortgage

Discounted term: Two years

Discount: 2.39%

Payable rate: 3.25%

Minimum loan: £25,000

Maximum loan: Up to 60% of valuation subject to a maximum of £300,000

Income multiples: Rental income must be at least 135% of the mortgage repayments calculated at the pay rate on an interest-only basis

Conditions: Free valuation for properties valued up to £1m, available for properties in England and Wales, up to four properties allowed with Hinckley & Rugby

Arrangement fee: £250 plus £999 completion fee

Redemption fee: None

Introducer’s fee: 0.25% of the original loan

Tel: 029 2069 5400

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