Buy to Let - summary of mortgage products available for Remortgage

Transcription

1 Buy to Let - summary of mortgage products available for Remortgage All of these mortgage products have limited funds available and may be withdrawn at any time. Our mortgages are available on a Capital and Interest Repayment or Interest Only basis to applicants aged 18 and over for properties in England or Wales. This information should be read in conjunction with the separate sheets: 'Additional Information about our Mortgages' and 'Getting a Mortgage: what you need to know' guide, which provide important information about our mortgage services. Product name Initial rate Discounted initial variable rate Initial rate duration Followed by our Residential Investment Managed Mortgage Rate currently The overall cost for comparison is Minimum rate payable 3 year 2.35% discount 3.19% 3 years 5.54% 5.2% APRC 2.99% 5 year 2.15% discount 3.39% 5 years 5.54% 4.6% APRC 3.19% Fixed initial rate 5 year fixed rate to 5 year fixed rate to 3.99% 4.19% Until Until The above fixed rate mortgages must complete by 01/09/ % 5.2% APRC No 5.54% 5.2% APRC No Fees (see 'Additional Information about our Mortgages') Product fee: 999 for loans up to. Product fee: 999 for loans up to. Product fee: 1,499 for loans up to. Product fee: 249 for loans up to. Maximum Loan to Value (LTV) 70% 70% Early Repayment Charges 2% in the second year 1% in the third year 3% in the second year 3% in the third year 2% in the fourth year 1% in the fifth year 5% until 31/05/2019 4% until 31/05/2020 3% until 31/05/2021 2% until 31/05/2022 1% until 5% until 31/05/2019 4% until 31/05/2020 3% until 31/05/2021 2% until 31/05/2022 1% until Interest calculated Product code XD0024 XD0025 XF0141 XF0142 Please turn over for details of our Buy to Let Offset Mortgage > Firm Reference No: register.fca.org.uk M/198/0218/FBS/MKTG

2 Buy to Let - summary of mortgage products available for Remortgage All of these mortgage products have limited funds available and may be withdrawn at any time. Our mortgages are available on a Capital and Interest Repayment or Interest Only basis to applicants aged 18 and over for properties in England or Wales. This information should be read in conjunction with the separate sheets: 'Additional Information about our Mortgages' and 'Getting a Mortgage: what you need to know' guide, which provide important information about our mortgage services. Product name Buy to Let Offset Mortgage Offset Mortgage 2 Year 2.10% discounted rate Offset Mortgage 5 Year 1. discounted rate Initial rate Initial rate duration Followed by our Residential Investment Managed Flexi Mortgage Rate currently The overall cost for comparison is Minimum rate payable 3.44% 2 years 5.54% 5.5% APRC 3.24% 3.89% 5 years 5.54% 5.2% APRC 3.69% Requires linked Offset Saver to be opened. These products are not available for Expats and Limited Companies. Fees (see 'Additional Information about our Mortgages') Product fee: 999 for loans up to. Product fee: 999 for loans up to. Maximum Loan to Value (LTV) Early Repayment Charges 2% in the first year 1% in the second year 3% in the second year 3% in the third year 2% in the second year 1% in the first year Interest calculated Product code XO0013 XO0014 THE MORTGAGE WILL BE SECURED ON YOUR PROPERTY YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE For Customer Enquiries please contact our dedicated New Business Team: Tel: newbusiness@familybsoc.co.uk Website: familybuildingsociety.co.uk/mortgages For Intermediary Enquiries please contact our dedicated mortgage desk: Tel: mortgage.desk@familybsoc.co.uk Website: Family Building Society is a trading name of National Counties Building Society which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference No: register.fca.org.uk M/198/0218/FBS/MKTG

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