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Pink Home Loans – BM Solutions Buy To Let BBR Minus 0.06%

Pink Home Loans

BM Solutions Buy To Let BBR Minus 0.06%

Type: Buy to let tracker mortgage

Tracker term: Two years

Tracker rate: 0.06% below Bank of England base rate

Payable rate: 5.19%

Minimum loan: £25,001

Maximum loan: Up to 85 % of valuation subject to a maximum of £1m

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

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

Arrangement fee: £799

Redemption fee: 6% of the amount repaid in first two years

Introducer’s fee: 0.5% of original loan subject to a £150 minimum and £4,500 maximum

Tel: 08707 590170

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