Best Buy To Let Mortgage Options

Option 1 - 100% mortgage new-build, or existing property. Repayment only.

Option 2 - 80% mortgage up to 40 years variable rate. Repayment or interest only.

Option 3 - 80% mortgage with lowest fixed rate. Repayment 25 years.

Option 4 - 85% mortgage with no early repayment penalty

Option 5 - 80% interest only 10 years, then 15 years repayment

Option 1 – 100% mortgage new-build, or existing property. Repayment only.

• Excludes notaires' fees and agents' fees
• Either: Either 5.3% for 15 years or 5.7% for 25 years.
• Or: Fixed for 2 years at 5.7% then variable at 3.55% current rates.
• No early repayment fee whatsoever

>>>APPLY

Option 2 – 80% mortgage up to 40 years variable rate. Repayment or interest only.

• Repayment - Fixed one year at 2.7% then 3 months Euribor plus 1.4% giving 3.1% variable rate capped at 1.5 times inflation rate during repayment period
• Interest only for 10 years. then repayment over 15 years. 3.4% for 3 months then 3 months Euribor + 1.5%, giving 3.3% variable at current rates, capped at 1.5 times inflation rate during repayment period.

>>>APPLY

Option 3 – 80% mortgage with lowest fixed rate. Repayment 25 years.

• 80% of the price excluding notaires' fees, including agents' fees.
• 4.85% for 5 years then 5 years swap rate plus 1.5%, giving 4.21% fixed at current rates.
• Repayable without penalty during a three month window each 5 years.

>>>APPLY

Option 4 – 85% mortgage with no early repayment penalty

• Fixed two years at 5.05%, or 3.95% variable
• After fixed period no repayment penalty
• Bank set up fee 1% capped at €1,500 which can be paid over two years.

>>>APPLY

Option 5 – 80% interest only 10 years, then 15 years repayment

• 2-10 years interest-only, followed by 11-15 years repayment.
• 4.5% 3 months, then euribor 3 month + 1.8%, giving 3.52% at current rates.
• No early repayment penalty after 5 years.
• Set up fee 1%.

>>>APPLY

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.

Copyright © 2004-2009 French Mortgage | all rights reserved |