LTV Mortgage type Term Initial rate Product fee Product code
70% Fixed 2 Years 4.24% 2% BTLC2YF0020

The loan

Repayment terms available?

Yes

Interest-only terms available?

Yes

Porting available?

No

Standard variable rate

Not available

Minimum loan

£100,000

Maximum loan

£1.5m (larger loans considered by referral)

Term

2-30 years

Early repayment charges

Variable: 3% years one to five, then 1% for the life of the loan
Fixed: 4% year one, 3% for remaining fixed period, then 1% for the life of the loan 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC

The applicant(s)

CCJs

None in last 36 months

Defaults

None in last 36 months

Secured arrears

None in last 12 months

Unsecured arrears

Not applicable

First-time landlords accepted?

Yes

Professional landlords accepted?

Yes

Maximum no. of applicants

4

Ages

18-85 (end of term)

The fees and charges

Product fee

2% arrangement fee, payable on completion, can be added to the loan and is non-refundable

Application fee

£145 administration fee is payable when the valuation is instructed, and is non-refundable

70% Fixed 5 Years 4.44% 2% BTLC5YF0020

The loan

Repayment terms available?

Yes

Interest-only terms available?

Yes

Porting available?

No

Standard variable rate

Not available

Minimum loan

£100,000

Maximum loan

£1.5m (larger loans considered by referral)

Term

2-30 years

Early repayment charges

Variable: 3% years one to five, then 1% for the life of the loan
Fixed: 4% year one, 3% for remaining fixed period, then 1% for the life of the loan 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC

The applicant(s)

CCJs

None in last 36 months

Defaults

None in last 36 months

Secured arrears

None in last 12 months

Unsecured arrears

Not applicable

First-time landlords accepted?

Yes

Professional landlords accepted?

Yes

Maximum no. of applicants

4

Ages

18-85 (end of term)

The fees and charges

Product fee

2% arrangement fee, payable on completion, can be added to the loan and is non-refundable

Application fee

£145 administration fee is payable when the valuation is instructed, and is non-refundable

Product highlights

Orange Tick Mark

Up to 70% LTV on large HMOs/MUFBs with 7 – 20 bedrooms/units

Orange Tick Mark

Max loan size £1.5m (larger loans considered by referral)

Orange Tick Mark

Single facility available for large portfolios

Orange Tick Mark

Two and five-year fixed terms available

Agreement

All of our products are subject to availability and may be withdrawn at any time.

At the end of any initial deal, the Interest rate will revert to the standard variable rate. The standard variable rate can vary in line with the general level of Interest rates and economic conditions.

Consumer buy to let mortgages are regulated by the Mortgage Credit Directive Order 2015. Buy to let loans are not regulated mortgages.

All of our products are subject to availability and may be withdrawn at any time.

At the end of any initial deal, the Interest rate will revert to the standard variable rate. The standard variable rate can vary in line with the general level of Interest rates and economic conditions.

Consumer buy to let mortgages are regulated by the Mortgage Credit Directive Order 2015. Buy to let loans are not regulated mortgages.

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This information is for mortgage professionals only and not intended for use by the general public. All rates, programmes and pricing are subject to change at any time and without prior notice. Mortgages are subject to valuation and approval.