Consumer Buy to Let - 2 Year Discount

2.85% variable rate for 2 years. This is the current Buy To Let Mortgage Variable Rate with a 2.44% discount and £995 completion fee which can be added to the mortgage or paid upfront

This product is for Consumer Buy to Lets only.

Representative Example

A mortgage of £120,000.00  payable over 25 years initially on a discounted rate for 2 years at 2.85% and then on our Buy to Let Mortgage Variable Rate (MVR) of 5.29% (variable) for the remaining 23 years would require 24 monthly payments of £287.47  and 276 monthly payments of £533.59.

The total amount payable would be £275,630.12 made up of the loan amount plus interest (£274,170.12),a Product fee of £995.00, a CHAPS Fee of £20.00,  an Insurance Rearrangement fee of £25.00 ,  and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.20% APRC representative.

Please note the example above is for a remortgage on an interest only basis


Initial Rate for 2 years
2.85%


Followed by the Buy To Let Mortgage Variable Rate - currently
5.29%


The overall cost for comparison is
View full mortgage details ›
5.0% APRC




What will the mortgage monthly payments be?


You can use our mortgage calculator tool to find out the monthly repayments for this mortgage. Enter the amount you wish to borrow and then select the length of the loan by sliding the scale. Click Calculate to reveal the Monthly repayments.

Please note the minimum advance for a mortgage is £20,000 (£500 for a further advance on an existing mortgage with the Furness)

Amount:
 

from: £0 to: £0
Slide scale from: 1 years to: 30 years




Mortgage Details


Click below for more information:



Please note
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE






Other sub sections


Furness mortgage guide


What to do next?

For more information or to apply for this product you can:

Call: 0845 194 8669› Enquire Online
Furness Mortgage Tools


Furness Mortgage Products




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