Holiday let 5 year fixed rate remortgage 5.39%
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% | 4 years | 5.39% |
9.49% |
8.3% APRC | 75.0% | £999.00 | £199.00 |
Key features
Fixed rate
A fixed rate, currently 5.39% (Ending on 14 May 2029). 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 8.3% 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
- For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
Representative example
Please note: the representative example is for a house purchase only. For remortgage applications, certain fees do not apply. Please contact us for details.
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.