Residential Buy to Let Mortgage
Our Buy To Let Mortgages are designed to help you buy a property that you intend to rent out rather than for you or your family to live in.
Key features include:
- Borrow up to 70% of the property value or purchase price, whichever is lower
- Maximum mortgage term of up to 25 years on a repayment basis
- An interest rate, which consists of the Bank’s Base Rate plus a pre-agreed margin, that may change to reflect any increase or decrease in the Bank's Base Rate
- Partial repayment permitted without incurring a charge
IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE
A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED.
A 'RECEIVER OF RENT' MAY BE APPOINTED AND/OR YOUR RENTAL PROPERTY MAY BE REPOSSESSED.
*Calls may be recorded for training and monitoring purposes.