Mortgages

Buy to let mortgages

Fixed rate further advances

  • No higher lending charge.
  • Pay up to 10% in overpayments per year with no early repayment charges.
  • Daily interest calculation for capital payments; you get the benefit of capital payments straightaway, through a reduction in the interest charged.
  • Maximum loan size is £350,000.
  • No early repayment charges after the initial period.
  • Standard mortgage valuation fee may be payable.
  • A redemption fee is payable on full repayment of the mortgage.
  • Loan available up to 70% of your property value.

A choice of new buy to let deals...

Are you looking to make some improvements to your buy to let property, or need to top up your mortgage for another purpose? We offer further advances for existing buy to let customers.

2 year Fixed

Maximum
Loan-to-Value		 Initial Fixed Rate For the remainder
of the term		 The overall cost
for comparison is		 Application
fee
70% 6.19%
until 31.03.14		 Standard Mortgage Rate currently
3.99%		 4.60% APR £199
There are early repayment charges that apply until 31.03.2014

Rates correct as at  29th November 2011

How it works

The interest you are charged on our fixed rate further advance stays the same for the fixed rate term.

Please Note

1. Our mortgage products can be withdrawn at anytime. 

2. We may offer different products and/or similar but differently priced products through our various channels (branches, Derbyshire Direct and the web). For full details of all available products, please contact us.

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