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Buy to let fixed rate - 5 years Capital and Interest CI1347

For loans up to 80% of property value

Product nameBuy to let fixed rate - 5 years Capital and Interest CI1347
Initial rate7.09%
Initial rate expires on
31st October 2028
Rate thereafterOffset variable Investment Housing Loan Rate, currently
9.74%
Overall cost for comparison8.80% APRC
Product fee
£1,999
Option to add product fees to mortgageThe product fee can be added to the loan, unless it takes a residential loan over 95% LTV or a BTL loan over 80% LTV.
Legal and Valuation Fees

Purchases: None

Re-mortgages: Free valuation and free legal fees (if using bank's own solicitors)

EligibilityApplicants must be aged 18 or over. All loans are subject to status. Security will be required

Only available for full C&I mortgages - not available if any part of the mortgage is Interest Only.
Maximum loan amount£750,000
Maximum loan to value80%
Minimum loan amount£80,000
Early repayment charge5% in years one and two
4% in year three
3% in year four
2% in year five
Special offersRe-mortgages: Free valuation and free legal fees (if using bank's own solicitors)
Overpayment permittedYes, up to 10% of outstanding loan each year without penalty
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To discuss product and policy queries, or for advice on making an application, speak to your Clydesdale Bank and Virgin Money BDM.

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To discuss applications already submitted, please call 0800 917 8363.*

*Monday - Friday, 9.00am - 5.30pm, except Wednesdays, 9.30am - 5.30pm

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