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Kensington Mortgages – Prime Buy-To-Let Self-Cert Three YEar Fixed

Kensington Mortgages

Prime Buy-To-Let Self-Cert Three-Year Fixed

Type: Self-cert fixed rate buy-to-let mortgage

Fixed term: Three years

Fixed rate: 7.03%

Minimum loan: £25,001

Maximum loan: Up to 85% of valuation subject to a maximum of £500,000, up to 75% of valuation subject to a maximum of £1m

Income multiples: Up to four times principal income plus second or 3.3 times principal income

Conditions: No rental income assessment, 0.35% added to rate for fees free remortgage package, including free valuation and free legal fees for properties in England and Wales, £500 cashback for properties in Scotland and no arrangement fee

Flexible features: Overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Arrangement fee: £899

Redemption fee: 5% of the amount repaid in the first three years, thereafter interest until the end of the month

Introducer’s fee: 0.5% of the original loan

Tel: 0800 111 020

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