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Pink Home Loans – Freedom Finance Buy to Let 5 Year Bank Base Rate Tracker

Type:
Buy-to-Let tracker mortgage

Tracker term:
Five years

Tracker rate:
Up to 85% of valuation &#45 1.24% above Bank of England base rate,
up to 75% of valuation &#45 1.09% above Bank of England base rate

Payable rate:
Up to 85% of valuation &#45 5.99%,
up to 75% of valuation &#45 5.84%

Minimum loan:
£25,001

Maximum loan:
Up to 85% of valuation subject to a maximum of £300,000,
up to 75% of valuation subject to a maximum of £500,000

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

Arrangement fee:
£385
Redempton fee:
3% of amount repaid in year one,
2% in year two,
1% in year three,
thereafter one month&#39s notice or one month&#39s interest

Introducer&#39s fee:
0.5% of original loan

Tel: 08707 590170

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