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Mortgage Next – Mortgage Trust MT Select 2 Year Fixed Buy-to-Let

Mortgage Next

Mortgage Trust MT Select 2 Year Fixed Buy-to-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until April 30, 2007

Fixed rate: 4.79%

Minimum loan: 30,000

Maximum loan: Up to 85% of valuation subject to a maximum of 350,000, up to 75% of valuation subject to a maximum of 500,000

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

Arrangement fee: 499

Redemption fee: 6% of original loan until April 30, 2007, 3% until April 30, 2009

Introducers fee: 0.5% of original loan

Tel: 0845 1302223

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