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Buy to Let - 2 Year Discount 60% LTV
Initial Interest Rate
4.49%
Maximum Loan To Value (LTV)
60%
Overall Cost for Comparison
7.80%
Product Code
IP427
The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 4.49% for 2 years followed by our Standard Variable Rate of 8.14%. In this example you would make 24 monthly payments of £999.48 followed by 276 monthly payments of £1,379.00.
The total amount payable would be £406,413.52 made up of the loan amount plus interest of £224,591.52 and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£248.00), and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 7.8% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
Buy to Let - 5 Year Discount 60% LTV
Initial Interest Rate
4.59%
Maximum Loan To Value (LTV)
60%
Overall Cost for Comparison
6.90%
Product Code
IP430
The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 4.59% for 5 years followed by our Standard Variable Rate of 8.14%. In this example you would make 60 monthly payments of £1,009.72 followed by 240 monthly payments of £1,338.60.
The total amount payable would be £383,669.20 made up of the loan amount plus interest of £201,847.20 and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£248.00), and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 6.9% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
Buy to Let - 2 Year Discount 80% LTV
Initial Interest Rate
5.49%
Maximum Loan To Value (LTV)
80%
Overall Cost for Comparison
8.00%
Product Code
IP396
The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 5.49% for 2 years followed by our Standard Variable Rate of 8.14%. In this example you would make 24 monthly payments of £1,104.28 followed by 276 monthly payments of £1,387.54.
The total amount payable would be £411,257.76 made up of the loan amount plus interest of £229,463.76, and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£220.00), and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 8.0% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.