Super LOW 1.34% 2-year fixed with £500 cashback and no admin fee!

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Protect your mortgage payments against the potential risk of interest rate rises for the next two years, with this fantastic fixed rate offer at a mega-low rate!

This is a deal offering savings at both ends of the transaction, with no upfront admin fees and £500 cashback upon completion! (Other fees, including our broker fee, do still apply).

If you are looking to purchase or remortgage, this is a stellar rate! Remortgages are eligible for free legal work from the lenders chosen conveyancers.

Have you recently bought at auction, or paid cash for a property you now wish to extract capital from? This lender offers a next-day remortgage service, read on for more details.

Please note: This product is not available to expats, limited companies or landlords who own three or more rental properties, regardless of whether they are mortgaged. Houses of Multiple Occupation (HMOs) are also not eligible.

1.34% 2-year fixed buy-to-let mortgage with GBP500 cashback!

1.34% 2-yr fixed rate buy-to-let mortgage, with £500 cashback
Product type Initial rate Max. Loan to Value Product fee *ERC's
2-year fixed 1.34% 60% £1,999 For 2-years

*Early Repayment Charge

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Next-day remortgage option

Some landlords will grab a great deal at an auction with a bridging loan that offers quick access to cash, then look to remortgage when they are out of the sale room to a far cheaper rate of repayment.

Similarly, you may have paid cash for a property in order to renovate it and thereby increase the property value to release equity back out.

If either of these scenarios describe or are similar to your situation, then you may wish to take advantage of this deal. This lender will allow you to take out this product immediately after the initial purchase where may other lenders will require you to have owned the property for 6 months.

Applicant details

At least one of the applicants must be an owner/occupier. In the event that the second applicant is not a homeowner, they must be married or cohabiting at the same address.

This lender will accept UK or EU nationals, applicants who are neither, must have been resident in the UK for the previous 24 months and possess a permanent right to reside in the UK.

Affordability and income verification

You must be able to demonstrate that you cover 145% of your monthly repayments at an assumed rate of 5.5%, to safeguard against future rates increases.

At least one applicant must have a minimum income of £25,000 per year, so if you are applying in sole names this means that you must earn at least this amount. In instances where you are applying in joint names with your spouse or with someone with whom you co-habit, only one of you need earn this amount or more, the second applicant does not need to receive this income amount.

Evidence of income

Employed applicants:

Your most recent month’s payslip.

Self-employed applicants:

You will need to provide your last 2-years tax assessments (SA302 (hard copy or self-service version) and Tax Year Overview) or a certificate from a suitably qualified accountant, showing 2 year’s figures.

Retired applicants:

You will need to provide your most recent pension or investment proof.

Mortgage term and value

Minimum mortgage term is 5 years and the maximum terms is 40 years.

The minimum property value is £75,000.

The minimum loan amount is £25,001 and the maximum amount you can borrow is £350,000, although the lender will cap this at £300,000 on new-build properties.

Available in England, Wales and Scotland.

Enquire online

This information should not be interpreted as financial advice. Mortgage and loan rates are subject to change.

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