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Mortgage Express – Two-Year Fixed Buy-To-Let

Mortgage Express

Two-Year Fixed Buy-To-Let

Type: Fixed rate buy-to-let mortgage

Fixed term: Until July 31, 2009

Fixed rate: 5.04%

Minimum loan: £40,000

Maximum loan: Up to 85% of valuation subject to a maximum of £450,000, up to 75% of valuation subject to a maximum of £550,000, up to 70% of valuation subject to a maximum of £1m

Income multiples: The rental income required on individual properties is
125% of the monthly mortgage payment

Arrangement fee: 2.5% subject to a £599 minimum

Redemption fee: 5% of the amount repaid in the first two years

Introducer’s fee: Refer to lender

Tel: 0500 050020

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