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Norwich and Peterborough Building Society Buy to
Let Mortgage Review
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Norwich
and Peterborough Building Society
Buy-To-Let Mortgages
Norwich and Peterborough Building Society Buy-To-Let Mortgage
This
scheme is designed to enable you to obtain a mortgage on a
second property (which you will live in) whilst your current
property is being let.
Norwich
and Peterborough Building Society Buy-To-Let Mortgage Key
Features:
- Available
on any fixed rate, discounted or standard variable rate
mortgage
- Applicants
must be at least 25 years old
- Freedom
to choose your own insurance arrangements
- Minimum
salary: £20,000 for single income earners, £30,000
for joint income earners. Main income earner must have been
in continuous employment for the last 12 months
- The
applicant(s) must ensure that a shorthold tenancy agreement
is in place for the existing property before the release
of the advance
- Tiered
income multiples apply - see how much you could borrow from
Norwich and Peterborough Building Society
- Payment
holidays and underpayment facility once you have enough
overpayments to cover the payment holiday or underpayment(s)
- These
Norwich and Peterborough Building Society mortgages are
portable.
For
further information on a Norwich and Peterborough Building
Society Buy-To-Let Mortgage visit the Norwich and Peterborough
Building Society Website.
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