Abbey 3yr 7.04% Fixed BTL LTV 75% Direct only Mortgage

Abbey will help you choose a mortgage that's right for you, so you will never want to change your mortgage again. Find Out More.
This product is no longer available...
Abbey no longer provide any mortgages. Compare mortgages from other providers, or use the options to the right.
or Compare...
3513 mortgages...
TrackerRemortgages
Fixed RateFirst Time Buyer
Interest OnlyBuy To Let
Offset

Abbey 3yr 7.04% Fixed BTL LTV 75% Direct only Mortgage Features & Benefits

Application Criteria
Existing Customers OnlynoThis mortgage is not just available to existing customers
Existing Borrowers OnlynoThis mortgage is not just available to existing borrowers.
Remortgage OnlynoThis is not just available for remortgages.
First Time Buyers OnlynoThis mortgage is not just available to first time buyers.
Available Via a Broker OnlynoAvailable direct.
Minimum Deposit25%25%
Maximum Age85 yearsThe maximum age is 85 years.
Minimum Age21 yearsThe minimum age is 21 years.
Minimum Income£25,000
Applicants who are not professional landlords must have a minimum non-rental income of £25,000 pa for one Buy to Let held with Abbey. For each additional...expand
Available DirectyesThis product is available direct from the provider.
Rates
Initial Rate APR7.04%7.04%
Repayment Basisinterest only mortgage paymentRental cover is calculated on an interest only basis using the current pay rate (or the Standard Variable Mortgage rate whichever is higher).
Initial Rate End Date02 Mar 201302 Feb 2013
Final Rate4.24%The standard variable rate is 4.24%
Mortgage APR6.4%6.4%
Fixed Rate End Date02 Mar 2013Fixed until 02/03/2013
Initial Rate Term36 months36 months.
Rate TypefixedThe product rate type is fixed.
Frequency of Interest CalculationsdailyInterest is calculated daily
Suitability
Mortgage TypeBuy To LetBuy To Let
Repayment Mortgageyesyes
Interest Only Mortgageyesyes
Endowment Mortgageyesyes
Max LTV75%75%
Maximum Advance Per Property£500,000The maximum advance per property is £500000
House Purchase Max LTV75%The maximum loan to value for house purchase is 75% LTV 75% to £500,000
RemortgageyesThis product is available for remortgage.
Remortgage Max LTV75%The maximum loan to value for remortgage is 75% LTV 75% to £500,000
First Time BuyersnoThis product is not available to first time buyers.
Existing Borrowers Moving HomeyesThis product is available for existing borrowers moving home.
Existing Borrowers Not Moving HomenoThis product is not available for existing borrowers not moving home.
HomemoveryesThis product is available for house purchase.
Shared OwnershipnoNot available for shared ownership.
Right to BuynoNot available for right to buy.
Earned Income AllowedyesEarned income is allowed.
Portfolio Buy to LetnoNot a buy to let portfolio product.
Maximum Overall Portfolio Value£5,000,000Maximum portfolio loan is £5000000
Student LetsyesStudent Lets are considered, maximum of 3 tenants.
Let to BuynoNot available for let to buy.
Holiday LetsyesHoliday homes are considered, the property must have been a holiday let for at least 3 years.
Restrictions
Maximum Term30 yearsThe maximum term is 30.
Minimum Term5 yearsThe minimum term is 5 years.
Rental Income % of Mortgage125%Minimum rental income 125%
Maximum Number of PropertiesUnlimitedLandlords with up to 15 properties no restriction on number mortgaged to Abbey. Landlords with more than 15 properties, Abbey exposure limited to 15 plus 20% of excess.
Incentives
Legal Fees ContributionnoNo legal fees incentive available.
No Higher Lending ChargeyesNo higher lending charge payable.
Facilities
Portable MortgageyesThe product is portable.
Flexible PaymentsnoNo flexible options available.
Overpayments AvailableyesUp to and including 10% of the loan may be repaid each year without penalty. Minimum £500.
Payment HolidaynoPayment holidays are not available.
Fees & Charges
Application Fee £varies
£2,499 booking fee payable. £225 mortgage account fee payable upon completion or deferred until redemption. (The fee is fixed, does not incur interest,...expand
Application Fee Added to LoanyesThe booking fee can be added to the loan.
Early Repayment ChargeyesThere is an early redemption charge payable.
Early Repayment Charge Amount3%ERC - 3% of outstanding amount repaid until 02/04/2013.

A-Z Mortgage Lenders

View our full A to Z list of all mortgages companies.
Alliance and Leicester Mortgages

Alliance and Leicester Mortgages

First Direct Mortgages

First Direct Mortgages

ING Direct Mortgages

ING Direct Mortgages

Lloyds TSB Mortgages

Lloyds TSB Mortgages

NatWest Mortgages

NatWest Mortgages

Post Office Mortgages

Post Office Mortgages

RBS Mortgages

RBS Mortgages

Santander Mortgages

Santander Mortgages

Skipton Mortgages

Skipton Mortgages

The One Account Mortgages

The One Account Mortgages

Woolwich Mortgages

Woolwich Mortgages

Yorkshire Mortgages

Yorkshire Mortgages

You may want to compare the Abbey 3yr 7.04% Fixed BTL LTV 75% Direct only with these mortgages

Cumberland Flexi Term Offset BBR+2.79% R/M LTV 75% Local Area

  • You can get £25,100 remortgage minimum loan.
  • Applicants get max no of linked accounts of 2.
  • Minimum rate of 3.29% is available.
  • New customers get gross gross or net payment from this mortgage.
  • The Cumberland mortgage has 0 months ASU cover included.
  • A max loan of £400,000 is available from Cumberland.

Progressive Building Society 3yr 5.79% Fixed Self Build LTV 75%

  • Get minimum loan of £30,000.
  • Get negotiable 2nd stage payment.
  • This mortgage gives a negotiable 3rd stage payment.
  • Get max loan of £500,000.
  • New customers get 75 percent max LTV from the mortgage.

Nationwide Flex 3yr BBR + 2.28% Tracker H/P LTV 70% Int Ex/B

  • Nationwide gives maximum loan of £1,000,000.
  • Rate only rate of 3.8% is offered.
  • The mortgage offers a mortgage APR of 3.8 percent.
  • New customers get standard variable rate term of 36 months.
  • Initial rate APR of 2.78 percent is offered.
  • Get £0 house purchase minimum loan from Nationwide.

Liverpool Victoria Lifetime Fixed Lump Sum (Age 71-75) <£599,999

  • New customers get minimum loan to value of 31 percent.
  • Maximum LTV for sheltered accommodation of 35 percent is offered with the mortgage.
  • Get a minimum introductory cash lump sum of £10,000.
  • 0 years tie-in time after rate.

Cambridge Building Society 2yr BBR + 2.69% Tracker LTV 70%

  • Get £400,000 max loan from Cambridge Building Society.
  • New customers get £0 house purchase minimum loan from the mortgage.
  • This mortgage gives a payment rate of 4.7 percent.
  • The mortgage gives a std variable rate term of 24 months.
  • 70% house purchase maximum LTV is available to applicants.
  • A remortgage minimum loan of £0 is available from Cambridge Building Society.

The Mortgage Works 2yr 3.99% Fxd H/P LTV 75% Guarantor Limited

  • Get an intro rate end date of 30 nov 2012.
  • Maximum LTV of 75%.
  • The Mortgage Works offers tie-in period after rate of 0 years.
  • This mortgage has an intro rate APR of 3.99%.
  • 40 yrs max term is offered.

Halifax 2yr 6.99% Fixed R/M LTV 90% Direct

  • Applicants can get shared ownership minimum loan of £0.
  • 90% right to buy maximum LTV is available to new customers.
  • Applicants take advantage of maximum LTV of 90 percent.
  • 0 yrs minimum length is available.

Halifax 2yr BBR + 3.29% Tracker R/M LTV 75% Direct

  • Get lender's base interest rate or SVR for trackers of 0.5 percent.
  • Get right to buy max ltv/valuation of 75 percent.
  • The mortgage offers 0 years tie-in duration after rate.
  • Final interest of 3.5 percent is offered to you.
  • You take advantage of 30 sep 2012 introductory rate end date from this mortgage.

Halifax 5yr 5.49% Fixed R/M LTV 75% Direct Ex/C

  • £500,000 maximum loan is offered.
  • Customers get 0 years minimum period from the mortgage.
  • £0 shared ownership minimum loan.
  • The mortgage gives a £0 right to buy minimum loan.
  • 75 percent right to buy max LTV is offered.

Nationwide Flex 2yr 4.39% Fxd LTV 80% Ex/B C/B Switch Dir

  • Take advantage of 80 percent max LTV from Nationwide.
  • 4.3 percent payment rate is available to new customers.
  • 4.3% mortgage APR is available to customers.
  • Customers get 2 yrs minimum length.
  • The mortgage has a 4.3 percent interest rate only rate.
  • New customers enjoy £0 minimum lump sum withdrawal from the mortgage.

The Mortgage Works 4yr 5.79% Fixed H/P C/B LTV 80% Intermediary

  • Applicants get 35 yrs maximum term from the mortgage.
  • New customers take advantage of 48 months introductory rate term.
  • £25,001 1st time buyer minimum loan is available with this mortgage.
  • 30 nov 2014 intro rate end date is offered to you.
  • Applicants will get £25,001 house purchase minimum loan.