Unlock the door to your first home with our £2,000 Cashback Mortgage plus a chance to WIN £10,000! T&C's apply

Unlock the door to your first home with our £2,000 Cashback Mortgage plus a chance to WIN £10,000! T&C's apply

Unlock the door to your first home with our £2,000 Cashback Mortgage plus a chance to WIN £10,000! T&C's apply

5.35% Fixed Rate Mortgage until 30 April 2026 - Consumer Buy to Let

Mortgage Calculator

This shows what you'll pay each month during your initial deal period. It doesn't consider any charges or fees if you decide to make any changes to your mortgage. Please note this is only an estimate.

5.35% Fixed Rate Mortgage until 30 April 2026 - Consumer Buy to Let

Initial Pay Rate

5.35%

Loan to Value

80%

APRC

8.2%

Fees

£700

Product Code

MFD586

Information

Early Replayment Charge: Yes

Incentives: Yes

Things you need to know

Repayment Basis

Interest Only (Applicants must meet the Society's Interest Only Criteria).

Fees

£700 Arrangement fee (Deducted from loan amount on completion).

Minimum Interest Rate

The interest rate on this product will not drop below 2.00% (following the fixed rate period).


Incentives

Free Valuation.

Loan Size

Minimum Loan: £30,000 Maximum Loan: £500,000.

Maximum Loan to Value

Remortgage 80%.

Overpayments

Overpayments of up to 10% of the mortgage balance are permitted each anniversary year until 30 April 2026 and maybe made by monthly standing order. Any additional overpayments above 10% during this period will attract a penaltycalculated on the amount of the additional payments.

Property Location

Available for properties located in England and Wales.

Availability

This product is available for new mortgage customers only.

Early Repayment Charges

If this mortgage is repaid in full or in part before 30 April 2026 an early repayment charge will apply. This will be 2% of the balance repaid during this period.


Example – The maximum early repayment charge you could pay is £2,486.68 based on £124,334.00.

Representative Example

A mortgage of £124,334.00 payable over 25 years initially on a Fixed Rate of 5.35% until 30 April 2026 and then on our Standard Variable Rate (SVR) of 8.49% (variable) for the remaining 23 years would require 24 monthly payments of £554.32 and 276 monthly payments of £879.66. The total amount payable would be £380,634.06 made up of the loan amount plus interest (£255,440.06), an arrangement fee of £700.00, a funds transfer fee of £35.00 and a mortgage exit fee of £125.00.


The overall cost for comparison is 8.2% APRC representative.

Find out More or Apply

Call us on 01782 255000.

Lines are Open 9.00am to 5.00pm Monday to Friday, Saturdays 9am to 12.00pm.

Mortgage Enquiry

Call us on 01782 255000 or complete the form below and a member of our team will be in touch