Buy to Let Tracker Rate Remortgages
Buy to Let Tracker Rate Remortgages - Buy to let tracker rate remortgages refers to a remortgage on a buy to let property which utilises a tracker rate on a buy to let property. A tracker rate is an interest rate which tracks the Bank of England base rate at a specified percentage which may be either above or below. This offers the advantage of benefiting from a low interest rate in some instances, but the risk of exposure to rises in the interest rate. With this in mind, borrowers are advised that most lenders require that expected rental income is 125% of the remortgage repayments. Buy to let tracker rate remortgage packages are available from many lenders, each potentially offering considerably different terms and conditions. Capital Fortune's expert team are experienced in arranging buy to let tracker rate remortgage deals. We are in contact with lenders from a whole of market base. We use these contacts to access buy to let tracker rate mortgage packages which may not be available to our clients otherwise. Our large contact base also allows us to offer impartial advice to our clients on the range of buy to let tracker remortgage packages available. We also take care of the paperwork, saving our customers the hassle associated with applying for a buy to let tracker rate remortgage. Call our mortgage broker team now on 0845 3 630 430 or complete the Mortgage Enquiry Online. As part of our service, we will call you back. The table below lists some of the best buy to let tracker rate remortgage deals on the market. The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The overall cost for comparison on residential mortgages is 4.5% APR. The actual rate available will depend on your personal circumstances.
There will be a fee for our mortgage advice, the precise amount will depend upon your circumstances but we estimate that it will be £995, payable £495 at the outset but refunded if your mortgage application is declined upon initial underwriting. The balance of our fee is typically paid on completion. Your fee will not be refunded should you withdraw from the process or not accept our recommendation. Ask your Advisor for confirmation of our fees which we will email to you in an Initial Disclosure Document (IDD). You can find further information on our Terms of Business here.
The Financial Services Authority does not regulate some forms of buy to let, commercial mortgages, secured loans, bridging finance, trusts and conveyancing.
Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital Fortune Ltd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.