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Pink Home Loans – BM Solutions Buy To Let Three Year Discounted Tracker

Pink Home Loans

BM Solutions Buy To Let Three Year Discounted Tracker

Type: Buy-to-let discounted tracker mortgage

Tracker term: Three years

Tracker rate: 0.76% below the Bank of England base rate

Payable rate: 4.99%

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 100% of mortgage repayments

Conditions: Unlimited number of properties allowed within a total of £10m

Arrangement fee £2,999

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

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

Tel: 08707 590170

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