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The Mortgage Works – Two Year Fixed Buy-To-Let

The Mortgage Works

Two Year Fixed Buy-To-Let

Type: Fixed rate buy-to-let mortgage

Fixed term: Until July 31, 2011

Fixed rate: 4.99%

Minimum loan: £25,001

Maximum loan: Up to 60% of valuation subject to a maximum of £1m, up to 50% of valuation subject to a maximum of £1.5m

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

Arrangement fee: 3% of the original loan subject to a £595 minimum

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

Introducer’s fee: Refer to lender

Tel: 0845 6010763

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