Best Buy To Let Mortgage Options
|
|

Option 1 100% mortgage new-build, 90% existing property
Option 2 80% Mortgage up to 25 years. Excellent fixed rates.
Option 3 80% mortgage with lowest capped rate
Option 4 85% mortgage with no early repayment penalty
Option 5 80% interest only
Option 6 70% repayment loan low start 3 year fix
Option 1 100%
mortgage new-build, 90% existing property.
- 100% of new-build, 90 95% of existing property
- Either: Either 5,42% for one year then variable at 12 month euribor + 1% capped at 6,42% No early repayment fee. 25 year rate 5,45%
- Or: fixed for twenty years at 5,39% 25 years 5,44% Early repayment feee 2,7% of amount pre paid for ten years, then nil
- No bank set up fee.
>>>APPLY
Option 2 80% Mortgage up to 25 years. Excellent fixed rates.
- Fixed rate:
15 years 4.9%
20 years 4.95%
25 years 5.0%
- Early repayment penalty 2.5%.
>>>APPLY
Option 3
80% mortgage with lowest capped rate
- 80% of the price.
- 4.55% year one, then 12 month Euribor + 1.25% over 20 years, capped at 4.7% for 20 years. Early repayment penalty 1.5%.
>>>APPLY
Option 4 85% mortgage with no early repayment penalty
- 85% of price, excluding notaires fees. If newbuild, interest is charged at 4.85% interest-only until construction complete, variable, then at 1.2% above 3 months Euribor. Monthly payment amount will remain fixed throughout as term varies.
- Set up fee 1% capped at €1500.
>>>APPLY
Option 5 80% interest only
- 80% of purchase price, including agent.
- 10 years interest-only, followed by 15 years repayment.
- 5.15% year one. Thereafter Euribor 1 month + 1.75%. Loans over 300,000 year one at 4,85%
- No repayment penalty during the first ten years; you can pre-pay as little as £1,000 .
- Early repayment penalty of 1.875% in the following 15 years.
- Set up fee 1% capped at €1,200.
>>>APPLY
Option 6
70% repayment loan low start 3 year fix
- First three years fixed at 4,4%
- First three years fixed at 4,4%
- After three years variable at a margin of 1,3% over three month euribor
- Repay with no penalty after 6 years
>>>APPLY
*Euribor = Euro Interbank Offered Rate (this is the "base rate" for the Euro); the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank.
|
| |
|
NOTE: Your home is at risk if you do not keep up the repayment on a mortgage loan or other loan secured on it. The sterling equivalent of your liability under a foreign currency mortgage may be increased by exchange rate movements.
|
|
^ top
|
Copyright © 2004-2008 French Mortgage | all rights reserved |
|