Buy to let

Representative example

A Mortgage of  £115,054.00, payable over 17 years and 7 months (211 months) initially on a discounted rate for 2 years (24 months) of 1.84%  and then on our current standard variable rate of 4.84% for the remaining 15 years and 7 months (187 months) would require 24 monthly payments of £176.42 then 187 monthly payments of £464.05. This is based on an interest-only repayment method. The total amount payable would be £208,360.14 made up of the loan amount plus interest (£91,232.14) and a £220.00 valuation fee, £1499.00 completion fee, £100.00 booking fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage administration exit fee. The overall cost for comparison is 4.6% representative APRC.  

Representative example

A Mortgage of  £115,054.00, payable over 17 years and 7 months (211 months) initially on a discounted rate for 2 years (24 months) of 1.99%  and then on our current standard variable rate of 4.84% for the remaining 15 years and 7 months (187 months) would require 24 monthly payments of £190.80 then 187 monthly payments of £464.05. This is based on an interest-only repayment method. The total amount payable would be £208,952.39 made up of the loan amount plus interest (£91,844.39) and a £200.00 valuation fee, £1499.00 completion fee, £100.00 booking fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage administration exit fee. The overall cost for comparison is 4.7% representative APRC.  

Representative example

A Mortgage of  £120,077.00, payable over 19 ½ years (234 months) initially on a discounted rate for 2 years (24 months) of 3.74%  and then on our current standard variable rate of 4.84% for the remaining 17 ½ years would require 24 monthly payments of £377.45 then 210 monthly payments of £488.46. This is based on an interest-only repayment method.  The total amount payable would be £233,637.90 made up of the loan amount plus interest (£112,106.90) and a £200.00 valuation fee, £999.00 completion fee, £30.00 Chaps fee, £105.00 legal fees and £120.00 mortgage administration exit fee. The overall cost for comparison is 4.9% representative APRC.  

Representative example

A Mortgage of £112,694.00 payable over 16 years and 5 months (197 months) initially on a fixed rate for 3 years (36 months) of 2.89% and then on our current standard variable rate of 4.84% for the remaining 13 years and 5 months (161 months) would require 36 monthly payments of £271.40 then 161 monthly payments of £454.53. This is based on an interest-only repayment method. The total amount payable would be £196,381.95 made up of the loan amount plus interest (£83,232.95) with a £200.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.5% representative APRC. 

Representative example

A Mortgage of £112,694.00 payable over 16 years and 5 months (197 months) initially on a fixed rate for 5 years (60 months) of 3.39% and then on our current standard variable rate of 4.84% for the remaining 11 years and 5 months (137 months) would require 60 monthly payments of £318.36 then 137 monthly payments of £454.53. This is based on an interest-only repayment method. The total amount payable would be £194,856.46 made up of the loan amount plus interest (£81,707.46) with a £200.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.4% representative APRC.