The Bank of East Asia

Personal Banking

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.

 

 

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