View more on these topics

UCB Home Loans – Buy-to-Let 5 Year Flexible Fixed

UCB Home Loans

Buy-to-Let 5 Year Flexible Fixed

Type: Flexible fixed-rate mortgage

Fixed term: Five years

Fixed rate: 6.09%

Minimum loan: 25,001

Maximum loan: Up to 80% of valuation subject to a maximum of 300,000, up to 75% of valuation subject to a maximum of 400,000

Income multiples: Up to 3.25 times principal income plus second or 2.5 times joint and 6.5 times annual rental income

Flexible features: Overpayments up to 500 a month, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Arrangement fee: 495

Redemption fee: Six months interest in first three years, five months interest in year four, four months interest in year five

Introducers fee: Subject to negotiation

Tel: 0845 940 1400

Recommended

Here is the good news

At the recent Aifa dinner, I had the pleasure of sitting beside John Lappin, the editor of Money Marketing.

Beagles back with JO Hambro fund

Winterthur Life pensions stra-tegy manager Mike Morrison says IFAs are still unable to give definitive advice to clients while they wait for details on pension simplification.

Keith Popplewell: Tolerance levels

In my last few articles, I have identified and discussed the nature and extent of the three main risks involved in a pension drawdown strategy – interest rates, investment performance and the risk from increasing life expectancy.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment