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Pink Home Loans – Mortgage Trust 2 Year BBR Tracker

Pink Home Loans

Mortgage Trust 2 Year BBR Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Two years

Tracker rate: 0.01% below the Bank of England base rate

Payable rate: 5.49%

Minimum loan: £30,000

Maximum loan: Up to 85% of valuation subject to a maximum of £350,000, up to 80% of valuation subject to a maximum of £500,000

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

Conditions: Not available to first-time buyers, up to 20 properties allowed within a total maximum of £2m

Arrangement fee: £799

Redemption fee; 6% of the original loan in the first two years

Introducer’s fee: 0.5% of the original loan

Tel: 08707 590170

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