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Buy to let fixed rate - Fee Offer - 5 Year IHL Fixed <= 75% LTV - Fee offer Interest Only BO1671

For loans up to 75% of property value

Product nameBuy to let fixed rate - Fee Offer - 5 Year IHL Fixed <= 75% LTV - Fee offer Interest Only BO1671
Initial rate4.89%
Initial rate expires on
31st March 2030
Rate thereafterOffset variable Investment Housing Loan Rate, currently
8.74%
Overall cost for comparison7.60% APRC
Product fee
£0
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

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
Maximum loan amount£1,000,000
Maximum loan to value75%
Minimum loan amount£1
Early repayment charge5% in years one and two
4% in year three
3% in year four
2% in year five
Special offersOne free valuation for properties up to £3m
Overpayment permittedYes, up to 10% of outstanding loan each year without penalty
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