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Norwich & Peterborough Building Society – Buy-To-Let 2-Year 0.5% Discount

Norwich & Peterborough Building Society – Buy-To-Let 2-Year 0.5% Discount

Type: Discounted rate buy-to-let mortgage

Discounted term: Two years

Discount: 0.5%

Payable rate: 4.85%

Minimum loan: £75,000

Maximum loan: Up to 75% of valuation subject to a maximum of £375,000

Income multiples: Based on affordability

Conditions: Unlimited properties allowed within an overall maximum of £2m, available only through intermediaries on N&P’s commercial panel and other selected intermediaries

Arrangement fee: 1.5% of the original loan

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: 0.5% of the original loan

Contact: www.nandp.co.uk

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