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

The Mortgage Works

Two Year Fixed Rate Buy-To Let

By

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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