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Cheshire Building Society – Buy-To-Let Five Year Fixed Rate

Cheshire Building Society

Buy-To-Let Five Year Fixed Rate

Type; Fixed rate buy to le mortgage

Fixed term: Until July 31, 2012

Fixed rate: 5.78%

Minimum loan: £30,000

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

Income multiples: Rental income must be at least 125% of mortgage repayments

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

Arrangement fee: £899

Redemption fee: 5% of amount repaid in year one, 4% in year two, 3% in year three, 2% in year four, 1% in year five

Introducer’s fee: Refer to lender

Tel: 0845 0554567

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