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Northern Rock – Buy-To-Let Flexi Tracker For Life

Northern Rock

Buy-To-Let Flexi Tracker For Life

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Type: Flexible buy-to-let tracker mortgage

Tracker term: Life of loan

Tracker rate: With fees 0.99% above Bank of England base rate, without fees 1.29% above Bank of England base rate

Payable rate: With fees 5.49%, without fees 5.79%

Minimum loan: 1

Maximum loan: Up to 87% of valuation subject to no maximum
Income multiples: Rental income must be at least 100% of mortgage payments

Conditions: Rapid remortgage service available, up to 10 properties allowed within total maximum of 3m

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

Arrangement fee: With fees – 895 plus 75 application fee, without fees 75 application fee

Redemption fee: None

Introducers fee: Refer to lender

Tel: 0845 600 1516

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