|
BUY
TO LET & PORTFOLIO LANDLORDS
|
Type
of property
Single
properties, purpose built flats, flat conversions and bed-sits
Loan
Advance
Up
to 85% of purchase price/valuation (Minimum value per property £40k)
Interest
Rate
Variable,
discounted, cashback or fixed
Loan
Terms
Up
to 25 years Initial. Predominantly interest only.
Suitable
Tenants
Private,
DSS, students, Housing Associations and corporate lets.
Applicant
Type
Personal
name, limited company, partnership, pension fund.
Setting
Up Costs
Typically
a lender's arrangement fee of 0.5%-1% plus valuation and
solicitors costs. |
