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Low 2 Year Fixed Rate 2.29% Pay Rate at 70% LTV

Residential Investment Mortgage 70% LTV. Single and Multi AST

Low 2 year fixed rate for single dwelling residential investment.

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Description

Details

Pay Rate2.29%
Rate Description2 Year Fixed Rate
Reverting RateSVR
ExpiryFixed to 31/07/18
Security ChargeFirst charge basis
Maximum LTV70%
Minimum Property Value£75,000
Minimum Loan Size£10,000,000
Maximum Project Term£25,001
Maximum Loan Size£500,000
Maximum Mortgage Term40 years
Income Requirements£25,000 (sole basic salary) £40,000 Joint income
Accepted Property TypesResidential letting houses and flats in England, Wales and Scotland
Property Types Cont.Ex-council houses and flats accepted, ok for Flats over commercial
Tenancy TypesSingle AST or Multiple AST, Students and DSS tenants accepted. Not for corporate let
Rental Stress Test125% @ 5.99%
Product ReferenceRL10115
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70% LTV 2 Year Fixed

For more details about this product or to check if this will be suitable for you, call us on 0117 2232 050