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BuildLoan – TMB Lifetime Tracker


TMB Lifetime Tracker

Type: Tracker mortgage for self-build, renovations, conversions and home improvement

Tracker term: Life of loan

Tracker rate: 1.89% above the Bank of England base rate

Payable rate: 7.14%

Minimum loan: £25,005

Maximum loan: Up to 95% of valuation for land costs and 95% of valuation for build costs within final maximum of 85% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Arrangement fee: £295 plus completion fee 0.75% of the original loan

Redemption fee: None

Introducer’s fee: Refer to BuildLoan

Tel: 0870 870 9499


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