Best Leaseback Mortgage Options

2 options to choose from for your leaseback mortgage.
 

Option 1 - For selected resorts – 90% of price if developer is paying vat. Interest only over 14 years, 4.0% variable, or capped for 10 years at 5.9%.

Option 2 - 70% repayment loan either where the developer advances the vat or 90% of the net of vat price.

Option 1 - For selected resorts - 90% of price if developer is paying vat. Interest only over 14 years, 4.0% variable, or capped for 10 years at 5.9%

• Interest only 4.45% for 3 months then variable at 3.2% + 3 month Euribor.
• OR, fixed for 5 years at 4.55% or for 10 years at 4.95%.
• No early repayment penalty once the fixed period is over.
• Set up fee 1% capped at €1,500.
• For interest only loans, you must have net assets equal to 150% of the loan amount, including your home, minimum €200K and 100% excluding your home, minimum €200K.

>>>APPLY

Option 2 – 70% repayment loan either where the developer advances the vat or 70% of the net of vat price.

• First 3 months fixed at 3.9% then variable, at 3 months Euribor + 2.5%
• 25 years repayments available.
• No early repayment penalty after 5 years.
• Bank set up fee 1% of loan amount.
• Life cover compulsory.

>>>APPLY

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*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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