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Buy to let fixed rate - 5 years Interest Only BO1345

For loans up to 60% of property value

Product nameBuy to let fixed rate - 5 years Interest Only BO1345
Initial rate4.35%
Initial rate expires on
31st January 2030
Rate thereafterOffset variable Investment Housing Loan Rate, currently
9.49%
Overall cost for comparison7.90% 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: No Incentives

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 value60%
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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