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The Mortgage Business – Multi Buy To Let Tracker 5.29%

The Mortgage Business

Multi Buy to Let Tracker 5.29%

Type: Buy-to-let discounted rate tracker mortgage for multiples properties

Discounted term: Until March 31, 2007

Discount: 0.7%

Payable rate: 5.29%

Tracker term: Lifetime of loan

Tracker rate: 1.49% above Bank of England base rate

Minimum loan: 25,005

Maximum loan: Up to 85% of valuation subject to a minimum of 1m

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

Conditions: Unlimited properties within an overall maximum of 5m

Arrangement fee; 599

Redemption fee: None

Introducers fee: 0.5% of original loan

Tel: 08457 253253

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