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Norwich and Peterborough Building Society Buy to Let Mortgage Review


Norwich and Peterborough Building Society
Buy-To-Let Mortgages

 

Read Norwich and Peterborough Building Society Company Review...click here



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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