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Best Buy To Let Mortgage Options

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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 notaire’s 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.
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