NB. The Arrangement Fee for this product is 0.5% of the advance, with a minimum fee of £595.
A Buy-To-Let (BTL) mortgage works exactly as the name suggests; you can purchase a property with the sole purpose of renting it out under an official Assured Shorthold Tenancy Agreement (AST).
Our current BTL product tracks our Standard Variable rate, which is currently 7.09%.
NB. We only allow a maximum of 4 BTL properties in total with all lenders. Providing you currently have no more than 3 BTL properties, you can apply for this mortgage.
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