Stroud
& Swindon Building Society Buy-To-Let Mortgages
Stroud & Swindon Building Society Buy-To-Let Mortgage
Whether
you are thinking of buying your first investment property,
adding to your portfolio or considering re-financing existing
rental property, Stroud & Swindon Building Society can
help you arrange a Buy to Let mortgage.
Using
a mortgage to buy a property to rent out is becoming increasingly
popular but it must be regarded as a medium to long term investment.
Stroud & Swindon Building Society Buy-To-Let Mortgage
Key Benefits
- FREE
building society valuation fee for properties of £600,000
or less
- FREE
basic legal fees for remortgages
- Monthly
interest
- No
charge for early repayment for 5 Year Flexible Discount
- Minimum
purchase price / valuation: £60,000
- Maximum
advance: 75% Loan To Value
- Minimum
loan: £30,000
- Rental
income should cover 130% of the mortgage payment at Buy
to Let Standard Variable Base Rate. Additional income can
also be used
Stroud & Swindon Building Society - Fees and charges
- A
£50 application fee is payable with your application
(this is non-refundable) - Applicable to 5 Year Flexible
only
- A
fee of £295 will be deducted from your loan at completion
Flexible Features include
- Ability
to overpay
- Payment
holidays
- Drawdown
facility
- Interest
only
For
further information on a Stroud & Swindon Building Society
Buy-To-Let Mortgage visit the Stroud & Swindon Building
Society Website.
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