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Britannia BS 7.69% Fixed Rate Buy to Let Mortgage

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Britannia BS Fixed Rate Buy to Let Mortgage details

Lender:	Britannia BS
Rate:	7.69% for 2 Years
APR:	7.0%
Interest charged:	Daily
Product Type:	Fixed Rate

Mortgage Conditions
Early Redemption Penalty: N.B. If you redeem the new mortgage early you will also be liable to the following additional penalty.	2% then 1% within 2 years of amount repaid plus £110
Life Insurance Required:

Additional Features

Notes:

1. The monthly rental income must be at least 125% of the mortgage payment on an interest only basis at the Society’s Standard Variable Rate.

2. Standard variable rate 6.30%.

3. No more than two applicants per mortgage.

4. Maximum portfolios of three properties.

5. Will not lend on new builds for 12 months.

6. Interest calculated on a daily basis.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

These figures are given for illustrative purposes only and do not constitute advice based on your specific circumstances. Before proceeding with any regulated mortgage contract you will be provided with a full Key Facts Illustration which will detail the exact terms, conditions and costs of any particular contract.

Written quotations available on request. All loans subject to status. A life policy or other insurance may be required

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