This information does not contain all of the details you need to choose a
mortgage. Make sure that you read the separate key facts illustration before
you make a decision. Please note that no specific advice or recommendation is
being made on this website.
Initial Interest Rate
3.99%
Interest Rate Type and Period
Bank of England Base Rate less 0.51% until 31/3/2007,
then Bank of England Base Rate + 1.19% until 31/3/2010
Interest Rate(s) Following Initial Rate
Reverts to Lender's Standard Variable Rate applicable at the time
(currently 6.5%).
The overall cost for comparison is
6.8 APR
Early Repayment Charges
Tapered early repayment charges: 1.5% of the amount repaid until
31/3/2008; 1.25% of the amount repaid until 31/3/2009; 1% of the amount repaid
until 31/3/2010
Maximum Loan-to-Value
85%
Valuation Fee
House purchase only: typical
charge £295
Lender Arrangement Fee
Remortgages: £699.
House purchase £599.
Higher Lending Charge
A higher lending charge is not payable.
Compulsory Insurances
None
Interest Charged
Daily
Other
This product is designed for buy-to-let customers.
THE
ACTUAL RATE AVAILABLE WILL DEPEND
UPON YOUR CIRCUMSTANCES. ASK FOR A
PERSONALISED ILLUSTRATION.
YOUR
HOME MAY BE REPOSSESSED IF YOU DO
NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
THERE WILL BE A FEE OF UP TO 1.5%
FOR MORTGAGE ADVICE.
THE
PRECISE AMOUNT WILL DEPEND UPON YOUR
CIRCUMSTANCES BUT WE ESTIMATE THAT
IT WILL BE 0.75% OF THE LOAN VALUE
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