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Clydesdale Bank 7.24% Fixed Rate Buy to Let Mortgage

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Clydesdale Bank Fixed Rate Buy to Let Mortgage details

Lender:	Clydesdale Bank
Rate:	7.24% until 31/01/2014
APR:	7.3%
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.	5%, 5%, 4%, 3% and 2% interest for next 5 years
Life Insurance Required:

Additional Features

Notes:

1. Minimum Valuation of any property £12500.

2. Minimum lease allowed 6 months.

3. The lender will use an affordability calculation based on the anticipated rental income.

4. Maximum of three properties per applicant allowed.

5. Interest calculated on a daily basis.

6. Standard variable rate 6.64%.

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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