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Buy to Let - HMV

Fixed rate

Product code: INC951

Description:
3 year Fixed
LTV amount:
0 - 60%

Features and benefits

Product rate:
2.29% fixed until 28/02/2021
Latest completion by:
31/05/2018
Loan band:
£25,005 - £500,000
(max loan size includes all fees)

Commitments

Product fee:
£995
Early repayment charge:
3% to 28/02/2019
2% to 29/02/2020
1% to 28/02/2021

Additional info

Availability
This product is not available to retirement home plan or consent to lease customers.

Incentives
Product fees can be added on completion.

MAF to be waived.

£250 cashback.

Most buy to let and commercial mortgages are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.

Risks

Your client's home may be repossessed if they do not keep up repayments on their loan. Whilst a fixed rate mortgage can give your client certainty around monthly payments, the Bank of England base rate may go down as well as up. The value of your client's home may alter with market conditions so that the amount of the loan may exceed the value of the home.