Type: Fixed-rate buy-to-let mortgage
Fixed term: Until March 31, 2009
Fixed rate: 5.2%
Minimum loan: £30,000
Maximum loan: Up to 85% of valuation subject to a maximum of £500,000
Income multiples: Rental income must be at least 100% of mortgage repayments
Conditions: Paper applications only, not available to first-time buyers
Arrangement fee: 2% of original loan
Redemption fee: 5% of the amount repaid in year one, 4% in year two, 3% in year three plus interest until end of the month
Introducer’s fee: 0.4% of original loan
Tel: 0845 456 7418
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