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.
no fee
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
2.69% fixed until 31 March 2025
2.69%
followed by our BTLVR 5.44%
The overall cost for comparison is 5.0% APRC

Fixed until 31/03/2025 . Early Repayment Charges apply. . This product may be withdrawn at any time.

Product key features

Product incentives

Free standard valuation: We'll cover the cost of a standard mortgage valuation on a property valued up to £400,000, which is equivalent to a £350 contribution towards the cost of a standard valuation. Your client may choose to have a RICS Homebuyers Report, however they'll have to cover the difference in cost between a standard mortgage valuation and the RICS Homebuyers Report.

Fees assisted legals: Your clients have the choice of using our solicitors, where we'll cover the cost of any standard legal fees, or they will receive £250 cashback towards their own solicitor's costs. They will be advised of any non-standard costs that will apply. If they choose to use our solicitors, the solicitor will only act for us and won't provide them with independent advice regarding the mortgage transaction.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage amounts

There is a minimum mortgage amount of £100,000.

The maximum mortgage amounts for this product are tiered by loan to value:

  • Up to 50% LTV: maximum loan of £950,000
  • Up to 60% LTV: maximum loan of £700,000
  • Up to 70% LTV: maximum loan of £500,000

The maximum loan to value is 70%.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Mortgage repayment terms

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

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Early Repayment Charges

Early Repayment Charges apply during the product term. Up to 10% of the original mortgage amount can be overpaid each year without charge, however, if the mortgage is redeemed or switched to another product during the product term, then the Early Repayment Charge will apply.

The Early Repayment Charge will be:

  • 4% of the amount repaid until 31 March 2022;
  • 3% of the amount repaid until 31 March 2023;
  • 2% of the amount repaid until 31 March 2024; and
  • 1% of the amount repaid until 31 March 2025.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Here for you

  • Discuss your new decision in principle
  • Talk through our rental income requirements
  • Answer any of your buy to let questions
  • Help you understand our criteria
Faye is here to help you with your case 0121 521 4000*
Our lines are open:
Monday - Friday9:00 - 17:00
Saturday - SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

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