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Pink Home Loans – Mortgage Trust MT Select Lifetime Tracker Buy-To-Let

Pink Home Loans

Mortgage Trust MT Select Lifetime Tracker Buy-To-Let

Type: Flexible tracker buy-to-let mortgage

Tracker term: Lifetime of loan

Tracker rate: 0.73% above three-month Libor

Payable rate: 5.59%

Minimum loan: 30,000

Maximum loan: Up to 85% of valuation subject to a maximum of 350,000, up to 75% of valuation subject to a maximum of 500,000

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

Conditions: Up to 10 properties allowed within aggregate loan of 1m

Arrangement fee: 499

Redemption fee: 6% of original loan in first two years

Introducers fee: 0.5% of original loan

Tel: 08707 590170

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