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Very Low 2 Year Fixed 1.64% Pay Rate

Residential Investment Mortgage 60% LTV

Low 2 year fixed rate for single dwelling residential investment

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Description

Details

Pay Rate1.64%
Rate Description2 Year Fixed Rate
Reverting RateSVR
Expiry31/July/2018
Security ChargeFirst charge basis
Maximum LTV60%
Minimum Property Value£75,000
Minimum Loan Size£50,000
Maximum Loan Size£1,000,000
Maximum Mortgage Term25 years
Income RequirementsApplicants must have clean credit history high credit score with minimum earned income of £25k PA
Accepted Property TypesResidential letting houses and flats in England and Wales.
Tenancy TypesSingle AST only
Rental Stress Test125% @ 5.5%
Product ReferenceRL10113
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60% LTV 2 Year Fixed

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