Mortgage Rates May 2009

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Mortgage Rates 15 May 2009

Below the most competitive rates available in the Buy-To-Let Market

HEADLINE RATES

Lowest 75% Tracker
NEW 2 YEAR BASE RATE TRACKER, MAX 75% LTV

4.15% Bank of England Base Rate +3.65% for 24 Months
then Bank of England Base Rate +3.00% for the life of the loan (currently 3.5%)
The overall cost for comparison is 4% APR

Early Repayment Charges: Within 24 Month Period = 3% of the amount borrowed
Product Fee: 3% of the loan amount added to the advance
Lowest 75% Fixed
NEW 2 YEAR FIXED MAX 75% LTV

5.29% until 01/07/2012
then Bank of England Base Rate +3.00% for the life of the loan (currently 3.5%)
The overall cost for comparison is 4.2% APR

Early Repayment Charges: 3% of the amount being repaid to 01/07/2012
Product Fee: 2.5% of loan
NEW 3 YEAR FIXED MAX 75% LTV

5.39% until 01/07/2012
then Bank of England Base Rate +3.00% for the life of the loan (currently 3.5%)
The overall cost for comparison is 4.4% APR

Early Repayment Charges: 3% of the amount being repaid to 01/07/2012
Product Fee: 2.5% of loan
Lowest 75% Fixed
NEW INCOME BASED BTL MORTGAGE
2 YEAR FIXED MAX 75% LTV

5.29% until 01/07/2012
then Bank of England Base Rate +3.00% for the life of the loan (currently 3.5%)
The overall cost for comparison is 4.2% APR

Early Repayment Charges: 3% of the amount being repaid to 01/07/2012
Product Fee: 3% of loan
Lowest 70% Tracker
NEW 1 YEAR BASE RATE TRACKER MAX 70% LTV

3.25% until 31/05/2010
then lenders standard variable rate 4.69%
The overall cost for comparison is 5.1% APR

Early Repayment Charges: 3% of the amount being repaid to 31/05/2010
Product Fee: 3.25% of loan
Lowest 5 Year Fixed To 75% LTV

5.84% until 01/07/2014
then Bank of England Base Rate +3% for the life of the loan (currently 3.5%)
The overall cost for comparison is 4.9% APR

Early Repayment Charges: Until 01/07/2014
Product Fee: 2.50% of loan
NEW BUILD PRODUCT TO 70% LTV
2yr Fixed

6.39% for 2 years
Max LTV 70% on houses and flats

Early Repayment Charges: 5% of the amount being repaid within the 2 year period
Product Fee:2.50% of loan

This is a small selection of the current rates now available in the Buy-to-Let market if you have any queries relating to your mortgages then please don’t hesitate to Contact us.