Holiday let 2 year fixed rate purchase 5.79%

This product is not available for shared ownership applications

Available for loans up to 75% of the purchase price or valuation of the property, whichever is lower.

PLEASE NOTE: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Deposit %	Term	Initial interest rate	Follow on rate	Overall cost for comparison	Max LTV	Arrangement fee	Application fee
25%	1 year	5.79%	9.49% after 1 year	9.1% APRC	75.0%	£999.00	£199.00

Key features

Fixed rate

A fixed rate, currently 5.79% (Ending on 14 November 2026). It then changes to our buy to let Standard Variable Rate, which is currently 9.49% for the remaining term.

The overall cost for comparison is 9.1% APRC representative.

What you pay

Daily interest.
A valuation fee is payable for all properties worth £800,000 or more.
An application fee of £199 (non-refundable) is payable with the application.
An arrangement fee of £999.

Early repayment charge

An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

What we pay

The first valuation fee for properties worth less than £800,000

Representative example

A mortgage of £202,047.00 over 26 years initially on a fixed rate of 5.79% (Ending on 14 November 2026) and then our Standard Variable Rate, currently 9.49%, for the remaining term, would require 28 monthly payments of £979.70 and 284 monthly payments of £1597.08.

The total amount payable would be £684,389.60 made up of the loan amount plus interest (£481,034.60) with a Application Fee of £199.00, Arrangement Fee of £999.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00.

The overall cost for comparison is 9.1% APRC representative.

Please note: the representative example is for a house purchase only. For remortgage applications, certain fees do not apply. Please contact us for details.

This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate European Standardised Information Sheet before you make a decision. For full details, please call our friendly team on 0800 378 669.

Product Reference: 722

Please note: Mortgages are secured on your home. You could lose your home if you do not keep up payments on your mortgage. Terms and conditions apply. Mortgages are subject to underwriting and criteria. Please contact us for full details.