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BM Solutions – Buy-To-Let 6.49% Base Rate Tracker

BM Solutions

Buy-To-Let 6.49% Base Rate Tracker

Type: Tracker mortgage
Type: Buy-to-let tracker mortgage

Tracker term; Life of loan

Tracker rate: 1.99% above Bank of England base rate

Payable rate; 6.49%

Minimum loan: 25,001

Maximum loan: Up to 85% of valuation subject to a maximum of 1m

Income multiples: Up to 3.25 times principal income plus second or 2.75 times joint. Rental income must be at least 125% of mortgage repayments

Conditions: Up to 10 properties allowed within total maximum of 1m

Arrangement fee: None

Redemption fee: 1% of amount repaid in first six months

Introducers fee: 0.4-0.6% of original loan subject to 200 minimum

Tel: 0845 600 0227

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