Buy To Let Variable Mortgage
RATES CORRECT AS AT 18 April 2020
The Society's BTL Variable Rate applies (currently)
For the remaining term of the mortgage
The overall cost for comparison is
Maximum loan to value
FEES AND CHARGES WILL APPLY, SOME OF WHICH ARE NON-REFUNDABLE, SEE BELOW.
The mortgaged property (which may be your home) may be repossessed if you do not keep up repayments on your mortgage
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.
- Unlimited capital repayments are allowed.
- Maximum loan £500,000.
- Interest calculated daily.
- Free standard valuation up to £999.
- No Early Repayment Charges apply.
**If you apply for a mortgage online you will not receive advice from Leeds Building Society. You will need to make your own choice about which mortgage is suitable for you and we will not assess the suitability of that mortgage to your needs and circumstances. If you would like to receive further guidance please contact us.
|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|