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2 Year Discounted Variable Rate Limited Company Buy to Let – DIB096

Term 2 years
Initial Rate1 5.10% variable
MAX LTV3 75%
Early Repayment Charge 2% in year one, followed by 1% in year two
Product Fees £199 application fee, £999 completion fee

For full cost details and to compare the overall cost of this product, please visit a sourcing system or you can request an ESIS from us at any time.

  • The £199 Application Fee is non-refundable and payable at the point of application
  • The Completion Fee can be paid before completion or added to the loan. If the Completion Fee is added to the loan amount, interest will be charged on the amount of the fee and this will be reflected in the monthly repayment over the term of the mortgage

A £1,000 Completion Fee added to the loan amount would increase in value over the term of the mortgage and an illustrative example is provided below based on a static rate over a 10, 15 or 25 year term.

Fee Amount
Rate
Value of the fee with interest at 10 years
Value of the fee with interest at 15 years
Value of the fee with interest at 25 years
£1,000 8.04% £1,804.00 £2,206.00 £3,010.00

Your home may be repossessed if you do not keep up repayments on your mortgage

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*Mansfield Building Society are an introducer to Mortgage 1st for mortgage advice. Mortgage 1st is a trading style of Mortgage First Limited, which is an appointed representative of Stonebridge Mortgage Solutions Ltd, and is authorised and regulated by the Financial Conduct Authority. Mortgage 1st Limited is on the Financial Services Register under firm number 484231.

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