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Abbey For Intermediaries – 2-Year Fixed Rate Buy To Let – 60% LTV with Homebuyer Solution

Abbey For Intermediaries – 2-Year Fixed Rate Buy To Let – 60% LTV with Homebuyer Solution

Type: Fixed-rate buy-to-let mortgages

Fixed term: Until March 2, 2014

Fixed rate: 4.29%

Minimum loan: £25,000

Maximum loan: Up to 60% of valuation subject to a maximum of £500,000

Income multiples: Rental income must be at least 125% of the mortgage repayments on an interest-only basis

Conditions: Homebuyer solution comprising one free valuation for properties valued up to £2.5m and £250 cashback towards legal fees

Arrangement fee: £1,495

Redemption fee: 3% of the mortgage balance in the first two years plus repayment of £250 cashback

Introducer’s fee: Refer to lender




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