View more on these topics

Aldermore Mortgages – 5.28% Term Variable Rate Buy-To-Let Mortgage

Aldermore Mortgages – 5.28% Term Variable Rate Buy-To-Let Mortgage

Type: Variable rate buy-to-let mortgage

Term: Life of loan

Payable rate: 4.98%

Minimum loan: £50,000

Maximum loan: Up to 75% of valuation subject to a maximum of £600,000

Income multiples: Rental income must be at least 125% of the mortgage repayments calculated at the higher of the pay rate or the reversionary rate

Conditions: Free legal fees for remortgages, available through selected intermediaries and mortgage clubs, up to two properties allowed with Aldermore

Arrangement fee: 1.5% of the original loan

Redemption fee: 3% of the amount repaid in year one, 2% in year two, 1% in year three

Introducer’s fee: Refer to lender

Tel: 0333 321 1000

Recommended

Finance Bill being debated

The Finance Bill which will enact policy announced in June’s emergency budget is being debated in the House of Commons this afternoon. The Finance (No.2) Bill provides the legal basis for the emergency budget announced by the Chancellor George Osborne in June. Some of the measure in the budget such as increasing Capital Gains Tax […]

3

Hack to the future

The recent high-profile coverage of BT’s failure to encrypt an email attachment highlights the problem that while email may be a highly convenient way of communicating, in its raw form it is far from secure. This should serve as a warning to anyone using email of the need for extreme caution, especially when containing personal […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment