Buy to let 5 year discount [BD041]

Discounted for 5 years

This product may be withdrawn at any time.

arrangement fee
This fee can be paid upfront or added to the mortgage amount. If the fee is added to the mortgage then interest will be payable on the fee at the same rate as the mortgage.
booking fee
This fee must be paid on application. We are unable to accept payment of the fee by credit card.
no fee
initial rate
2.80% discount from our BTLVR for 5 years
followed by our BTLVR 5.74%
The overall cost for comparison is 4.9% APRC

Product key features

Product related fees

There is an arrangement fee of £999 that can be deducted from the mortgage amount or added to the amount borrowed.

If your client adds the fee to their mortgage, they'll pay interest on the fee at the same rate as their mortgage.

Mortgage amounts

There is a minimum mortgage amount of £50,000.

The maximum loan amounts are:

  • Up to 70% loan to value = £500,000
  • Up to 60% loan to value = £700,000
  • Up to 50% loan to value = £950,000

The maximum loan to value is 70%.

Interest rate floor

The interest rate is floored and cannot fall below 2.94%.

Mortgage repayment terms

Your client can repay their mortgage over a minimum of 5 years and a maximum of 35 years.

Early Repayment Charges

There are no Early Repayment Charges meaning you can make overpayments whenever you like without charge.

Faye is here to help you with your case 0121 521 4000* Getting in touch
Our lines are open:
Monday - Friday9:00 - 17:00
Saturday - SundayClosed
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Here for you

  • Discuss how we can help your client
  • Update you on your existing cases with us
  • Discuss what we can consider for buy to let
  • Help you understand our criteria
"Thank you for your help and assistance in this case, it takes me back to the good old days of everything being manually underwritten." Peter Matthews
Charles Derby Mortgage Bureau

Your property may be repossessed if you do not keep up repayments on your mortgage.