Please note:

Buy To Let Variable Mortgage

RATES CORRECT AS AT 18 April 2020

The Society's BTL Variable Rate applies (currently)
5.59%
For the remaining term of the mortgage

The overall cost for comparison is
5.7%
APRC

Maximum loan to value
70%

FEES AND CHARGES WILL APPLY, SOME OF WHICH ARE NON-REFUNDABLE, SEE BELOW.

Representative Example

A mortgage of £150,000.00 payable over 25 years on our Buy to Let Variable Rate for the mortgage term of 25 years at our current rate of 5.59% (variable) would require 300 monthly payments of £698.75.

The total amount payable would be £359,660.00 made up of the loan amount plus interest of £209,625.00 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 5.7% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

Additional features

  • Unlimited capital repayments are allowed.
  • Maximum loan £500,000.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • No Early Repayment Charges apply.

Fees

Application Fee (payable on application - non-refundable)

£0

Product Fee (payable on application - this is refundable should the mortgage not complete)

£0

Mortgage Exit Fee

£199

Like the sound of this mortgage?


Buy to Let mortgages which are for business purposes are exempt from FCA Rules.