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Mortgage Trust – Buy-to-Let Discounted Remortgage Cashback

MORTGAGE TRUST
Buy-to-Let 2 Year Discounted Remortgage Cashback

Type: Discounted-rate buy-to-let remortgage

Discounted term: Two years

Discount: 0.5%

Payable rate: 6.2%

Minimum loan: 30,000

Maximum loan: Up to 85% of valuation subject to a maximum of 300,000, 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 500,000, rental income scheme up to 80% of valuation subject to a maximum of 200,000

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

Flexible features: Overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Conditions: 500 cashback

Arrangement fee: 499

Redemption fee: 5% of original loan in first two years

Introducers fee: Refer to lender

Tel: 0870 411 2488

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