Semi-exclusive Buy-to-let rate drop product

by | Jan 23, 2024 | Products

Expat Buy-to-let:

Key Features:

  • Rates from 5.29%
  • LTV up to 70%
  • 5 year fixed available

Product

name

Initial interest rate

Followed by our RI Managed Mortgage Rate

APRC

Max LTV

Early Repayment Charges

Product Fee

5 Year Fixed Rate until 31/05/2029

5.29%

9.19%

8.1%

60%

5% until 31/05/2025 4% until 31/05/2026 3% until 31/05/2027

2% until 31/05/2028

1% until 31/05/2029

1%^

5 Year Fixed Rate until 31/05/2029

5.44%

9.19%

8.2%

70%

5% until 31/05/2025 4% until 31/05/2026 3% until 31/05/2027

2% until 31/05/2028

1% until 31/05/2029

1%^

 

^The Product Fee is 1% of the loan amount, subject to a minimum of £1,000.

Application Fees:

  • Purchase and Remortgage is £175, plus any Valuation Fees*
  • Further Advance is £125 Application Fee, plus £100 minimum Legal Fees. No Product Fee
  • Product Switch – No Application, Legal or Product fees, for all standard product switch application’.
  • *Valuation fees (applicable for purchase and remortgage applications only):
  • Purchase – our full standard Valuation Fee scale applies
  • Remortgage – The Valuation Fee is £0 for properties up to £500,000; above £500,000 a discount of £330 from the standard Valuation Fee scale applies.
  • A separate Valuation Fee scale applies for Multi-Unit Freehold Blocks. For purchase applications, the full Multi-Unit Freehold Block Valuation Fee scale will apply. For remortgage applications, a discount of £330 from the Multi-Unit Freehold Block Valuation Fee scale applies.
  • Cashback: We offer £500 cashback towards your legal costs for remortgage applications.
  • Minimum loan: £45,000 for purchase and remortgage, £2,000 for further advances. No minimum for product switches.

Product information correct as of  19/01/2024.

For intermediaries only.

Your home may be repossessed if you do not keep up repayments on your mortgage or a loan secured against it.

The Financial Conduct Authority does not regulate some aspects of corporate financial planning, property investment or buy to let lending.

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