Buy to Let Mortgage Product Details
| Scheme |
| Comments |
| Early Repayment Charge |
| Loan to Value |
| Lenders Fee |
| Interest Cover |
| Income Required |
| Min/Max Age |
| Acceptable Properties |
| Unacceptable Properties |
| 6.09% Fixed until 31/10/12 |
| Good 3 year fix with free valuation and free legals for remortgages |
| 3% until 31/10/11 and 2% until 31/10/12 |
| 75% |
| 2.5% |
| Rental 100% at 8% |
| The applicants must be a able to prove a sole or joint income at £35,000 up to £500,000 loan amount. No minimum employment period but must be permanent. If self employed min 2 years trading. |
| The minimum age at application is 18. The maximum age at completion of the mortgage is 75. |
| Houses and flats within good letting areas and good resale potential to the ‘owner occupier’ market. Studio flats are not acceptable. Good quality high value flats above commercial premises may be considered, please refer to CPFC. Ex-Local Authority houses and flats are considered, but only if there is 50% in private ownership on the estate and if the property is out of its pre-emption period. Adjoining properties. Properties in the entire UK. New build flats/ houses up to 65% Max 3 properties or £500,000 lending within C&G group. |
| Bedsits are not acceptable. No students, DSS, Asylum seekers or council registered HMOs & multi lets. Max 4 tenants on 1 AST |
IMPORTANT
Please note that although every effort is made to ensure that the product details listed are accurate, CPFC cannot guarantee the accuracy of the information displayed. Therefore this product information is for reference only.
Please be aware that some schemes have varying criteria depending on many factors. Therefore, it is imperative that you read not only the front summary details but also the full scheme details. This system is also constantly updated. However lenders are constantly amending and changing products and criteria and CPFC cannot therefore guarantee the availability of any of the products
YOUR HOME AND ANY PROPERTY USED AS SECURITY IS AT RISK AND MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE
Commercial Property Finance Consultancy Ltd is an Appointed Representative of Seddon Smith Financial Services Ltd which is authorised and regulated by the Financial Services Authority
© Commercial Property Finance Consultancy Ltd 2009. Web Design and Web Hosting by Otford.net
FAQ Glossary Links Mortgage Services Site Map Privacy Policy Accessibility Statement Buy to Let Mortgage Commercial Mortgage Bridging Loan Finance
Commercial Property Finance Consultancy
No Broker Fees
Enquiry Line
01923 676699
Over 30 years lending experience
