Buy-to-Let Mortgages (continued) LTV
Rate %
5.14 F 5.29 F 5.34 F 5.44 F 5.49 F 5.54 F
5.64 F 5.74 F 5.84 F 5.99 F 5.99 F 6.19 F 6.24 F 6.24 F 4.99 F 5.24 F 5.39 F 5.64 F 5.99 F 6.19 F 6.39 F 4.99 F 5.79 F 6.29 F 6.49 F
Term
Dis %
31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 -
31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.14 - 31.3.15 - 31.3.15 - 31.3.15 - 31.3.15 - 31.3.15 - 31.3.15 - 31.3.15 - 31.3.17 - 31.3.17 - 31.3.17 - 31.3.17 -
ULSTER BANK
STANDARD CONDITIONS Lends in: NI
Min Valn: £40K Interest Calculation: Daily
5.89 V 6.19 F
Term - 31.3.14 -
VERNON BS STANDARD CONDITIONS
Lends in: 25 Mile Radius of Stockport Min Valn: £80K
Interest Calculation: Annually 4.99 V
3 yrs - Lends in: GB & NI
Min Valn: £41176 Interest Calculation: Monthly
4.49 V 4.49 V 3.99 V 3.99 V 3.98 F 3.98 F 5.29 F 5.29 F
2.6.14 - 2.6.14 - Term - Term - 2.6.14 - 2.6.14 - 2.6.14 - 2.6.14 -
YORKSHIRE BANK STANDARD CONDITIONS
Lends in: GB Min Valn: -
Interest Calculation: Daily 4.99 V
4.79 F 5.29 F 4.99 F 5.49 F
Term - 30.4.14 - 30.4.14 - 30.4.17 - 30.4.17 -
- - - - -
- - - - -
- LBR+3.99 4.99 75 75 75 - 500K - £3999 No HLC. - LBR+3.99 4.99 75 75 75 - 50K 500K £1999 No HLC. - LBR+3.49 - 60 60 60 - 500K - £3999 No HLC. - LBR+3.49 - 60 60 60 - 50K 500K £1999 No HLC. 4.99 60 60 60 - 500K - £3999 No HLC. 4.99 60 60 60 - 50K 500K £1999 No HLC. 4.99 75 75 75 - 500K - £3999 No HLC. 4.99 75 75 75 - 50K 500K £1999 No HLC.
- - - -
- - - -
Direct Tel: 0800 202122 LTV Limits:
Neg
www.ybonline.co.uk
High Lending Charge: No HLC
- 80 80 80 80 25K - £999 No HLC. Offset option. 4.99 70 70 70 70 25K - £999 No HLC. 4.99 80 80 80 80 25K - £999 No HLC. 4.99 70 70 70 70 25K - £999 No HLC. 4.99 80 80 80 80 25K - £999 No HLC.
Standard Redemption Conditions: Max Age: Deeds fee £195
Non standard conditions: Individually assessed
No penalty - - - 80 - - - DB - 3- 1st 2 yrs - - - 70 - - - DB - 3- 1st 2 yrs - - - 80 - - - DB - 3- 1st 5 yrs - - - 70 - - - DB - 3- 1st 5 yrs - - - 80 - - - DB - 3-
RATES: V= Variable F = Fixed C = Capped INCENTIVES/NOTES: A = Accident B = Buildings C = Contents S = Sickness U = Unemployment E = Free Home Emergency Cover HLC = Higher Lending Charge Intmds = Intermediary STANDARD CONDITIONS: LTV = Loan to Value MA = Refers to mortgage advance Min valn = Minimum valuation P = Lower of purchase price or valuation STD = Standard Interest to e.o.m = Interest is charged up to the last day of the month in which the mortgage is being redeemed (rather than to the date of repayment)
Can add on = Charge can be added to mortgage debt but total debt must not exceed max loan to value shown LANDLORD TYPES: FT Landlords = First Time Landlords Ltd Co. = Limited Companies SPV = Special Purpose Vehicle Limited Companies CHANNELS: All = Intermediary & Direct Business DB = Direct business I = Intermediary IW = Intermediary web application DW = Direct web application DT = Direct telephone application SI = Selected Intermediaries TRACKS: BBR = Bank’s base rate LBR = Lender’s bank base rate LIBOR = London Interbank Offered Rate BORROWER TYPE: EXPA = Expatriates EXPREM = Expatriates remortgages FTB = First time buyer STB = Second time buyer Remtg = Remortgages For flexible criteria refer to Buy-to-Let Flexible Options page.
Free or discounted legal fees may only be available via nominated solicitor. Internal switching - not all products above are available. Contact Lender
direct.The editor reserves the right to limit the product range shown or details covered on pages due to space limitations. Full details of all products are available on
www.emoneyfacts.co.uk. No liability can be accepted for any direct or consequential loss arising from the use of this information.
To 2.6.14 - 75 75 75 - 75 - All To 2.6.14 - 75 75 75 - 75 - All 1st 3 yrs - 60 60 60 - 60 - All 1st 3 yrs - 60 60 60 - 60 - All To 2.6.14 - 60 60 60 - 60 - All To 2.6.14 - 60 60 60 - 60 - All To 2.6.14 - 75 75 75 - 75 - All To 2.6.14 - 75 75 75 - 75 - All
- 4 Refer - 4 Refer - 4 £5M - 4 £5M - 4 £5M - 4 £5M - 4 Refer - 4 Refer
- -
- -
- -
- 70 70 70 - 20K - £999 No HLC. 4.00 70 70 70 - 20K - £999 No HLC.
Tel: 0161 429 4309 LTV Limits: MA
70% to £200K
www.thevernon.co.uk
High Lending Charge: No HLC
4.99 70 70 70 - 50K 200K - No HLC.
WOOLWICH FROM BARCLAYS Tel: 0845 604 0581 STANDARD CONDITIONS
LTV Limits: MA 75% to £1M
www.woolwichintermediaries.co.uk
High Lending Charge: No HLC
Standard Redemption Conditions: Max Age: Rdm admin fee £275
Non standard conditions: Individually assessed
Standard Redemption Conditions: Max Age: Deeds fee £30, sealing fee £100, Rdm statement fee £25
Non standard conditions: Individually assessed 1st 3 yrs - 70 70 70 - - 70 All - 5 £1M
No penalty - 70 - 70 70 70 70 IW,DB - 5 £750K To 31.3.14 - 70 - 70 70 70 70 IW,DB - 5 £750K
- - - - - -
- - - - - - - - - - - - - - - - - - -
Tracks %
- - - - - -
- - - - - - - - - - - - - - - - - - -
Revert Rate % FTB STB Remtg Expat % % % %
4.99 - 75 - 4.99 - 75 - 4.99 - 75 -
Advance Fee
Min £
Max £
- 25001 -
- 25001 - 2.50% No HLC. - 25001 -
4.99 - 65 65 - 25001 300K £799 No HLC. 5.19 - 65 65 - 25001 - 3.50% No HLC.
4.99 - - 75 - 25001 350K refer £1K rebate, Eng & Wales free legal fees (max £500K valn), Eng & Wales free valn (max £615), no HLC.
4.99 - 65 65 - 25001 - - No HLC.
4.99 - 70 70 - 25001 - 2.50% No HLC. Light refurbishment. 5.19 - 65 65 - 25001 -
4.99 - 75 75 - 25001 300K £799 No HLC. 4.99 - 80 80 - 25001 - 2.50% No HLC. - 25001 250K £995 No HLC. - No HLC.
4.99 - 75 - 4.99 - 75 75 - 25001 - 4.99 - 75 75 - 25001 - 3.50% No HLC. 4.99 - 75 -
4.99 - 75 75 - 25001 300K £799 No HLC. - No HLC.
4.99 - 75 75 - 25001 -
4.99 - 80 80 - 25001 - 2.50% No HLC. 4.99 - 50 50 - 25001 - 3.50% No HLC. 4.99 - 75 75 - 25001 - 3.50% No HLC. - No HLC.
4.99 - 65 65 - 25001 -
4.99 - 80 80 - 25001 - 3.50% No HLC.
www.ulsterbank.com LTV Limits: MA
70% to £750K
High Lending Charge: No HLC
Direct Tel: 028 9027 6000
Standard Redemption Conditions: Max Age: Deeds fee £125
Non standard conditions: 70 at end of mortgage
4.99 - 65 65 - 25001 325K £150 Eng & Wales free valn (max £615), no HLC. refer £1K rebate, no HLC.
refer £350 rebate, no HLC. refer £1K rebate, no HLC.
Incentives/Notes
Repayment Charges
(See also Std Redemption Conditions)
To 31.3.14 - 75 - 75 - - - IW,DT - Any Refer To 31.3.14 - 75 - 75 - - - IW,DT - Any Refer To 31.3.14 - 75 - 75 - - - IW,DT - Any Refer To 31.3.14 - 65 - 65 65 - - IW,DT - Any Refer To 31.3.14 - 65 - - - - - All
- Any Refer
To 31.3.14 - 75 - - 75 - - IW,DT - Any Refer To 31.3.14 - 65 - 65 65 - - IW,DT - Any Refer
To 31.3.14 - 70 - 65 - - - IW,DT - Any Refer To 31.3.14 - 65 - 65 65 - - IW,DT - Any Refer To 31.3.14 - 65 - - - - - All
- Any Refer
To 31.3.14 - 75 - 65 75 - - IW,DT - Any Refer To 31.3.14 - 80 - 65 80 - - IW,DT - Any Refer To 31.3.14 - 75 - 75 - - - IW,DT - Any Refer To 31.3.14 - 75 - 65 75 - - IW,DT - Any Refer To 31.3.15 - 75 - 65 75 - - IW,DT - Any Refer
4.99 - - 75 - 25001 350K refer Eng & Wales free legal fees (max £500K valn), Eng & Wales free valn (max £615), no HLC. To 31.3.15 - 75 - - 75 - - IW,DT - Any Refer 4.99 - 75 75 - 25001 350K refer Eng & Wales free valn (max £615), no HLC. - 25001 - 2.50% No HLC.
To 31.3.15 - 75 - 65 75 - - IW,DT - Any Refer To 31.3.15 - 75 - 75 - - - IW,DT - Any Refer To 31.3.15 - 75 - 65 75 - - IW,DT - Any Refer To 31.3.15 - 75 - 65 75 - - IW,DT - Any Refer To 31.3.15 - 80 - 65 80 - - IW,DT - Any Refer To 31.3.17 - 50 - 50 50 - - IW,DT - Any Refer To 31.3.17 - 75 - 65 75 - - IW,DT - Any Refer To 31.3.17 - 65 - 65 65 - - IW,DT - Any Refer To 31.3.17 - 80 - 65 80 - - IW,DT - Any Refer
Early
Landlord Types
Buy-to-let Mortgage Flexible Options Lender SCOTTISH BS STAFFORD RAILWAY BS
Product Type(s) with Flexible Option
D = Interest calculated daily M = Interest calculated monthly = Available
= Not available = Not to exceed level of overpayments
Fixed Variable M D
19 15 15 = Max 10% p.a. during early repayment charge period.19 = max £250 per month
4 4 = Min £5K
Moneyfacts flexible = interest is charged daily or monthly. Product must allow underpayments, overpayments and either or both payment holidays and withdrawal features. Lenders may not offer flexible options on all rates of the product types indicated. For full details of products and rates, see pages 26 to 34. Lenders’ standard redemption penalties may apply at any time.
34
READERS ARE REMINDED THAT BUSINESS MONEYFACTS IS COPYRIGHT
March 2012
BUY-TO-LET MORTGAGES Step Number
Self-c
cert
Offshore Co’s Prof L’lords
Ltd Co. FT Landlords
Foreign Nat’s P’ships/Trusts
Prop Devs
Channel Flexible
Overpayments
Max No of Properties
Total Adv
Interest Calculated
Repayment Holidays Underpayments
Regular Overpayments Lump Sum Overpayments
Lump Sum Withdrawals Drawdown Facility Notes
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124