| Product description | 4.89% Fixed Rate to 30/11/2014 |
4.79% Fixed Rate to 31/03/2016 |
| Followed by our standard variable rate, currently |
5.44% | 5.44% |
| The overall cost for comparison is |
5.5% APR | 5.5% APR |
| Completion fee | £895 | £895 |
| Purchase or Remortgage | Purchase or Remortgage | Purchase or Remortgage |
| Maximum Loan To Value (LTV) | 70%* | 70%* |
| Assistance with Legal Fees | No | No |
| Processing charge payable on application |
Yes | Yes |
| Reservation fee payable on application | No | No |
| Early Repayment Charges | Yes | Yes |
| Mortgage completion deadline | 01/03/2012 | 01/03/2012 |
*For the above fixed rates, loans are available up to 70% of property value or purchase price, whichever is lower. Applications for over 65% must provide a rental coverage of 135% rather than the usual 130% and be experienced landlords who own at least one other buy to let property.
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