Buy To Let Mortgages
This type of mortgage is for existing borrowers, who currently have a Buy To Let Mortgage, whose product is coming to an end or need additional borrowing.
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Buy to Let - 2 Year Discount 60% LTV
Initial Interest Rate
5.65%
Maximum Loan To Value (LTV)
60%
Overall Cost for Comparison
8.30%
Product Code
R188
The following is a representative example based on a mortgage of £160,000 payable over 25 years initially on a discounted variable rate of 5.65% for 2 years followed by our Standard Variable Rate of 8.59%. In this example you would make 24 monthly payments of £996.92, followed by 276 monthly payments of £1,279.86.
The total amount payable would be £377,242.44 made up of the loan amount plus interest of £217,167.44, and a Mortgage Exit Administration Fee (£75.00).
The overall cost for comparison is 8.3% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
Buy to Let - 2 Year Discount 75% LTV
Initial Interest Rate
5.94%
Maximum Loan To Value (LTV)
75%
Overall Cost for Comparison
8.30%
Product Code
R189
The following is a representative example based on a mortgage of £160,000 payable over 25 years initially on a discounted variable rate of 5.94% for 2 years followed by our Standard Variable Rate of 8.59%. In this example you would make 24 monthly payments of £1,025.02, followed by 276 monthly payments of £1,281.95.
The total amount payable would be £378,493.68 made up of the loan amount plus interest of £218,418.68, and a Mortgage Exit Administration Fee (£75.00).
The overall cost for comparison is 8.3% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
Buy to Let - 2 Year Discount 80% LTV
Initial Interest Rate
6.54%
Maximum Loan To Value (LTV)
80%
Overall Cost for Comparison
8.50%
Product Code
R190
The following is a representative example based on a mortgage of £160,000 payable over 25 years initially on a discounted variable rate of 6.54% for 2 years followed by our Standard Variable Rate of 8.59%. In this example you would make 24 monthly payments of £1,084.33, followed by 276 monthly payments of £1,286.07.
The total amount payable would be £381,054.24 made up of the loan amount plus interest of £220,979.24, and a Mortgage Exit Administration Fee (£75.00).
The overall cost for comparison is 8.5% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
First Time Landlord - 2 Year Discount 75% LTV
Initial Interest Rate
6.79%
Maximum Loan To Value (LTV)
75%
Overall Cost for Comparison
8.50%
Product Code
R191
The following is a representative example based on a mortgage of £160,000 payable over 25 years initially on a discounted variable rate of 6.79% for 2 years followed by our Standard Variable Rate of 8.59%. In this example you would make 24 monthly payments of £1,109.50, followed by 276 monthly payments of £1,287.70.
The total amount payable would be £382,108.20 made up of the loan amount plus interest of £222,033.20, and a Mortgage Exit Administration Fee (£75.00).
The overall cost for comparison is 8.5% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.