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BM Solutions – Buy To Let 3-Year Fixed

BM Solutions – Buy To Let 3-Year Fixed

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until April 1, 2014

Fixed rate: 5.65%

Minimum loan: £25,001

Maximum loan: Up to 60% of valuation subject to a maximum of £1m

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

Conditions: Refund of standard valuation up to £490, £300 cashback, up to three properties allowed across the retail division of Lloyds Banking Group

Arrangement fee: 2% of the original loan

Redemption fee: 3% of the amount repaid in the first three years

Introducer’s fee: Refer to lender

Tel: 0845 850 5000

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