Types of Mortgages
Buy-to-let
Investment buyers are finding it increasingly difficult to source the most suitable mortgage deals. At Cluttons Private Finance we have access to all buy-to-let lenders and can advise you on the most suitable product, whether you are looking to get the maximum loan to value, trying to achieve the best rate, or lowest fees, or all of these! As more lenders enter this market, the products are becoming more competitive, however at the same time the lending criteria are changing constantly. This is resulting in clients needing expert advice to help them through the myriad of choices available to them.
About 40% of Cluttons Private Finance’s business is investment related ensuring we have the depth of knowledge necessary to ably help all clients. This finance can be arranged where clients are looking to finance purchases, refinance portfolios or a mixture of both. Our consultants have many portfolio clients and we enjoy building trusted relationships, helping clients develop a comprehensive portfolio of property. Our link with the estate agency means we are also able to pull in many industry professionals to help advise on all types of property related matters.
A selection of the Investment mortgages we have available are shown below. For more information please call 020 7647 7171.
- SHORT TERM FIXED - 2 year fixed rate
3.59% fixed to 1st April 2012 reverting to lenders standard mortgage rate for term. The overall cost for comparison is 4.6% APR
- Available up to 70% Loan to Value
- Lenders arrangement fee of up to £995
- Early Repayment Charges(ercs) of 4% if redeemed before 1st April 2012
- 10% redemptions allowed without ercs
- Available for purchases and remortgages - free basic legal service on remortgages
- Loans up to £1,000,000
- BUY TO LET - 2 year fixed rate to 60%
4.74% fixed until 31/03/2012, reverting to lenders SVR. The overall cost for comparison is 4.9% APR
- Available to 60% Loan to Value
- Lenders Arrangement fee of £1,050
- Early Repayment Charges of 4% until 31/03/2012
- rent to cover 125% interest payments
- Available for purchases and remortgages
- Maximum loan £500,000
These rates were prepared on 22/02/2010 and have been selected considering factors such as rate of interest charged and quality of lenders administration. Rates are accurate on the date of publishing but may be subject to change at short notice and terms are dependent on individual circumstances. Broker fees of up to 1.25% may be charged, although we are happy to discuss payment choices. Authorised and regulated by the Financial Services Authority. The FSA does not regulate some forms of mortgage. YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
