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Edeus – Two Year Buy-To-Let Tracker


Two Year Buy-To-Let Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Two years

Tracker rate: 0.24% above the Bank of England base rate

Payable rate: 5.99%

Minimum loan: £25,001

Maximum loan: p to 90% of valuation subject to a maximum of £350,000, up to 85% of valuation subject to a maximum of £1m, up to 80% of valuation subject to a maximum of £1.5m, up to 75% of valuation subject to a maximum of £2m of £2m

Income multiples: Rental income must be at least 100% of mortgage repayments

Conditions: Capital repayments of up to 10% a year allowed without penalty, mortgage available through Fuel, Openwork, Sesame, Positive Solutions, Intrinsic, Tenet, Minel, The Money Centre, Home of Choice and Concordia

Arrangement fee; 2% of the original loan

Redemption fee: 5% in the first two years

Introducer’s fee: Refer to lender

Tel: 08000 838 373


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