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Mortgage Next – Platform Buy-To-Let

Type:
Buy-to-let tracker mortgage

Tracker term:
Lifetime of loan

Tracker rate:
1.35% above Bank of England base rate

Payable rate:
5.6%

Minimum loan:
£25,001

Maximum loan:
Up to 85% of valuation subject to a maximum of £300,000,
up to 75% of valuation subject to a maximum of £500,000

Income multiples:
Rental income must be at least 130% of mortgage repayments

Arrangement fee:
£395

Redemption fee:
None

Introducer&#39s fee:
0.5% of original loan

Tel: 01883 333100

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