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Mortgage Intelligence – Mortgage Trust MT Select Two Year Stepped Fixed Buy-To-Let

Mortgage Intelligence

Mortgage Trust MT Select Two Year Stepped Fixed Buy-To-Let

Type: Stepped fixed rate buy-to-let mortgage

Fixed term: Two years

Fixed rate 4.55% in year one, 5.1% in year two

Minimum loan: £30,000

Maximum loan: Up to 85% of valuation subject to a maximum of £350,000, up to 80% of valuation subject to a maximum of £500,000, up to 75% of valuation subject to a maximum of £1m, expatriates up to 70% of valuation subject to a maximum of £1m

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

Arrangement fee: 1% of original loan capped at £1,500

Redemption fee: 6% of the original loan in the first two years

Introducer’s fee: 0.5% of original loan

Tel: 0845 130 4602

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