The loan
Repayment terms available? |
|
Interest-only terms available? |
|
Porting available? |
|
Revert rate |
BBR + 3.25% Bank of England Base Rate (BBR): 4.75% |
Minimum loan |
£50,000 |
Maximum loan |
Unlimited |
Early repayment charges |
Year one: 5% Year two: 5% Year three: 4% Year four: 4% Year five: 3% |
Term |
5-35 years |
The applicant(s)
CCJs |
0 in 36* *These are acceptable where one of the following applies: |
Defaults |
0 in 36* *These are acceptable where one of the following applies: |
Secured arrears |
0 in 12 |
Unsecured arrears |
Not counted* *Whilst unsecured arrears aren't counted, we reserve the right to consider on a case by case basis as part of the full underwrite. |
Fees and charges
Product fee |
2.5% |
Application fee |
£145 |
The affordability requirements
Rental income requirements |
|
Income backed requirements |