Competitive 1.99pc 75pc LTV and 1.74% 65pc LTV 2-year fixed rate deals

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Property investors who have a low taxable income such as retirees, self-employed individuals or first time landlords, may find that their options for attractive low rates are limited because they fall outside many lenders minimum income criteria.

We have a specialist lender on our panel, offering two very competitive products, who does not impose a minimum income threshold.

The following rates are uncommonly low for a lender offering this level of flexibility. There are 75% and 65% loan to value options – so if you benefit from higher equity in your property, the rates get even lower.

Both of mortgages offer a sliding scale arrangement fee, so that you can select your favoured balance of rate versus upfront cost and, don’t forget, you can add lender fees to your loan:

75% LTV 2-year fixed rates

75% LTV 2 fixed rate products
Product typeInitial rateMax LTV*Arrangement fee (% fee min £595)ERC's**
2-year fixed 1.99% 75% £1,995 For 2 years
2-year fixed 2.14% 75% 2.00% For 2 years
2-year fixed 2.49% 75% £995 For 2 years
2-year fixed 2.89% 75% £0 For 2 years

65% LTV 2-year fixed rates

65% LTV 2-year fixed rate products
Product typeInitial rateMax LTV*Arrangement fee (% fee min £595)ERC's**
2-year fixed 1.74 65% £1,995 For 2 years
2-year fixed 1.79% 65% 2.00% For 2 years
2-year fixed 2.19% 65% £995 For 2 years
2-year fixed 2.64% 65% £0 For 2 years

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

* Loan to Value

**Early Repayment Charge

Enquire online about this deal

Acceptable proof of income documents

Whilst there is no minimum threshold, you may be required to provide evidence of your income, using the following documents:

  • Self-employed applicants: Latest SA302 (if SA302 isn't available, an accountant's reference )
  • Employed applicants: Latest payslip
  • Retired applicants: Latest payslip/pension statement

First time landlords

The deals above are only available on purchases for first time landlords. You will also:

  • Have owned your own home for at least 6 months
  • Be able to provide proof of your deposit
  • Be subject to a maximum loan of up to £500,000 up to 70% loan to value
  • Be subject to a maximum loan of up to £350,000 over 70% loan to value 

Mortgage criteria summary

  • Available for properties in England, Wales and mainland Scotland
  • For purchase or remortgage
  • No minimum income requirement; proof of income source required
  • £150 application fee
  • Maximum age 70 years old at application
  • Minimum loan is £25,001
  • Limited company and expat applications are not accepted

Apply today with our experts

If you have found yourself falling short of lenders minimum income requirements and feel the above products could benefit you, speak with our team today, or click the link below.

Call us on 0800 032 6388 or enquire online

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

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