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1.97% 2 Year Tracker Rate at 75% LTV

Residential Investment Mortgage 75% LTV

Low 2 year tracker rate for single dwelling residential investment.

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Description

Details

Pay Rate1.97%
Rate Description‘2 Year’ Tracker Rate to 31/10/2021
Reverting RateBoE base rate + 1.22%
Expiry31/10/2021
Security ChargeFirst charge basis
Maximum LTV75%
Minimum Property Value£50,000
Minimum Loan Size£25,000
Maximum Loan Size£500,000
Maximum Mortgage Term25 years
Income Requirements£25,000 pa sole income
Accepted Property TypesBTL / Multi-Let houses and flats in England, Scotland, & Wales
Property Types cont.Ex-council houses and flats accepted, flats over commercial considered
Tenancy TypesSingle AST
Rental Stress Test125% @ 5.50%
Product Reference44218
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75% LTV 2 Year tracker 1.97%

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