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GMAC RFC – Buy-to-Let 3 Year Fixed


Buy-to-Let 3 Year Fixed

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until April 1, 2008

Fixed rate:6.25%

Minimum loan; 25,001

Maximum loan: Up to 89% of valuation subject to a maximum of 300,000, up to 75% of valuation subject to a maximum of 400,000, up to 65% of valuation subject to a maximum of 500,000

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

Conditions: Not available for remortgages

Arrangement fee:795

Redemption fee: 3% of amount repaid until April 1, 2008

Introducers fee: 0.5% of original loan

Tel: 0870 4844484


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