Buy to let

Representative example

A Mortgage of  £133,519.00, payable over 15 years and 5 months (185 months) initially on a discounted rate for 2 years (24 months) of 2.09%  and then on our current standard variable rate of 5.09% for the remaining 13 years and 5 months (161 months) would require 24 monthly payments of £232.55 then 161 monthly payments of £566.34. This is based on an interest-only repayment method. The total amount payable would be £232,600.23 made up of the loan amount plus interest (£96,967.23) and a £260.00 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 4.8% representative APRC.  

Representative example

A Mortgage of  £133,519.00, payable over 15 years and 5 months (185 months) initially on a discounted rate for 2 years (24 months) of 2.24%  and then on our current standard variable rate of 5.09% for the remaining 13 years and 5 months (161 months) would require 24 monthly payments of £249.24 then 161 monthly payments of £566.34. This is based on an interest-only repayment method. The total amount payable would be £232,977.80 made up of the loan amount plus interest (£97,384.80) 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 4.9% representative APRC.  

Representative example

A Mortgage of  £138,029.00, payable over 15 years and 6 months (186 months) initially on a discounted rate for 2 years (24 months) of 2.89% and then on our current standard variable rate of 5.09% for the remaining 13 years and 6 months (162 months) would require 24 monthly payments of £332.42 then 162 monthly payments of £585.47. This is based on an interest-only repayment method.  The total amount payable would be £242,374.58 made up of the loan amount plus interest (£103,191.58) and a £200.00 valuation fee, £699.00 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 £133,519.00 payable over 15 years and 5 months (185 months) initially on a fixed rate for 3 years (36 months) of 2.89% and then on our current standard variable rate of 5.09% for the remaining 12 years and 5 months (149 months) would require 36 monthly payments of £321.56 then 149 monthly payments of £566.34. This is based on an interest-only repayment method. The total amount payable would be £230,251.59 made up of the loan amount plus interest (£96,257.59) with a £220.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.7% representative APRC. 

Representative example

A Mortgage of £133,519.00 payable over 15 years and 5 months (185 months) initially on a fixed rate for 5 years (60 months) of 3.39% and then on our current standard variable rate of 5.09% for the remaining 10 years and 5 months (125 months) would require 60 monthly payments of £377.19 then 125 monthly payments of £566.34. This is based on an interest-only repayment method. The total amount payable would be £227,773.10 made up of the loan amount plus interest (£93,779.10) with a £220.00 valuation fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.6% representative APRC.