Type: Fixed-rate buy-to-let mortgage
Fixed term: Until August 31, 2008
Fixed rate: 4.89%
Minimum loan: £25,001
Maximum loan: Up to 85% of valuation subject to a maximum of £750,000, up to 80% for valuation subject to a maximum of £1m, up to 70% of valuation subject to a maximum of £1.5m
Income multiples: Rental income must be at least 120% of mortgage repayments
Arrangement fee: 1.5% of original loan subject to a £595 minimum
Redemption fee: 5% of the mortgage balance in first two years
Introducer’s fee: 0.4% of original loan
Tel: 0845 6010763
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