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Mortgage Express one-year buy-to-let fixed

Mortgage Express one-year buy-to-let fixed

Type: Buy-to-let fixed

Fixed term: 3 June 2003

Fixed rate: 1.99%

Minimum loan: £40,000

Maximum loan: £300,000 up to 85% LTV, £400,000 up to 70% LTV, £1m up to 60% LTV

Rental income: 130% of gross monthly mortgage payment

Arrangement fee: 1% upon completion

Redemption fee: Six month&#39s interest at underlying variable rate (base rate + 1.75%) until 3

June 2007

Conditions: Mortgage Express will not lend on properties in the M25 circle valued at less than £70,000. Available through Pink Home Loans

Introducer’s fee: 0.5%

Tel: 08707 590 170


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