Santander 2yr BBR +3.19% Tracker BTL LTV 60% Intermediary Mortgage
Full product details for the Santander 2yr BBR +3.19% Tracker BTL LTV 60% Intermediary mortgage, including application criteria, rates, suitability, restrictions, incentives, facilities, fees & charges and equity release.
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Santander 2yr BBR +3.19% Tracker BTL LTV 60% Intermediary Mortgage Features & Benefits
| Mortgage Type | Buy To Let | |
| Rate Type | BBR tracker | The product rate type is BBR tracker. |
| Initial Rate APR | 3.69% | Initial rate payable 3.69% |
| Lender's Base Rate | 0.5% | Bank Base Rate of 0.50% |
| Loading on Lender's Base Rate | 3.19% | 3.19%. |
| Final Rate | 4.24% | The standard variable rate is 4.24% |
| Mortgage APR | 4.4% | 4.40% |
| Maximum LTV | 60% | The maximum LTV is 60% |
| Maximum Term | 35 years | The maximum term is 35 years. |
| Remortgage Deal | yes | This product is available for remortgage. |
| Remortgage Only | no | This is not just available for remortgages. |
| Minimum Deposit | 40% | |
| Maximum Advance Per Property | £500,000 | Maximum loan per property is £500000. (Minimum property value £100,000) |
| Maximum Age | 75 years | The maximum age is 75 years. |
| Minimum Age | 21 years | The minimum age is 21 years. |
| Minimum Income | £25,000 | £25000.00. |
| Maximum Overall Portfolio Value | £1,000,000 | Maximum overall portfolio is £1000000. |
| Availability | restricted | This is a buy to let mortgage. Available via brokers only. |
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