Expat Buy to Let Mortgage | DSX483
Our discount rate Expat Buy to Let mortgage is available up to 65% LTV on repayment or 60% LTV on interest only. The minimum loan size permitted on this mortgage is £100,000 and the maximum loan size permitted is £750,000.
Mortgage rates correct as of 14 February 2022
A mortgage of £218,000 with the arrangement fee of £872 added to the loan payable over 25 years initially on a discounted variable rate for 3 years and 11 months at 2.64%, followed by our Standard Variable Rate (SVR) currently 5.85% for the remaining 21 years would require 1 payment of £1,301.21 then 46 payments of £999.76 and 252 payments of £1,333.86. The total amount payable would be £383,597.89 which is made up of the loan amount plus interest of £164,550.89 and the following costs: Arrangement Fee of £872, Closure Fee of £150 and Telegraphic Transfer Fee of £25.
The overall cost for comparison is 4.9% APRC.