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Platform – Buy-to-Let Base Rate Tracker

Platform

Buy-to-Let – Base Rate Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Lifetime of loan

Tracker rate: 0.99% above Bank of England base rate

Payable rate: 5.74%

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: 495

Redemption fee: 4% of amount repaid in first three years, thereafter 1% or one months notice

Introducers fee: 0.50% of original loan subject to 250 minimum and 3,500 maximum

Tel: 0845 070 1999

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