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Cheshire Building Society – Buy To Let 2 Year Fixed Rate Remortgage

Cheshire Building Society

Buy To Let 2 Year Fixed Rate Remortgage

Type: Fixed-rate buy-to-let remortgage

Fixed term: Until October 31, 2007

Fixed rate: 4.94%

Minimum loan: 30,000

Maximum loan: Up to 80% of valuation subject to no maximum

Income multiples: Rental income must be at least 130% of mortgage repayments

Conditions: Free legal fees, up to 10 properties allowed within a total maximum of 1m, the Societys property insurance is compulsory in first two years

Arrangement fee: 495

Redemption fee: 2% of original loan in year one, 1% in year two plus 250 to cover repayment of legal fees

Introducers fee: Refer to lender

Tel: 0845 055 4567


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