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Platform Home Loans – Buy To Let Three Year Tracker

Platform Home Loans

Buy To Let Three Year Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Three years

Tracker rate: 0.28% above Bank of England base rate

Payable rate: 4.78%

Minimum loan: 25,001

Maximum loan: Up to 85% of valuation subject to a maximum of 500,000, up to 75% of valuation subject to a maximum of 1m

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

Conditions: Up to 25 properties allowed within total maximum of 3m
Arrangement fee: 1.5% of original loan

Redemption fee: 5% of the amount repaid in the first three years

Introducers fee; 0.5% of original loan subject to a 250 minimum and? 5,000 maximum

Tel: 0845 070 1999


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