Ecology Building Society

Ecology Building Society

Phone: +44 (0)845 674 5566, +44 (0)1535 650 770
Fax: +44 (0)1535 650 780
Email: info@ecology.co.uk
Name

buy-to-let

Category
Loan
Description
Our buy-to-let mortgages give you a good deal over the long term - not just for the first couple of years. We offer a variable buy-to-let rate (currently 5.15%) and we calculate interest on a daily basis. We keep our fees as low as possible and you can potentially benefit from our C-Change mortgage discounts.
Conditions

-Our current buy-to-let rate is 5.15%
-We offer low initial fees and calculate interest on a daily basis, reducing the overall lifetime cost of your borrowing
-We offer a straightforward, individual approach, and consider each application individually
-We reward energy efficient homes and energy saving measures through our range of C-Change discounts
-Buy-to-let mortgages are only available on a full repayment basis
-Mortgage terms are available from 10 years up to 25 years
-You can borrow up to 70% of the property's value, depending on the expected rental income and your personal income
-The rental income derived from the property must be 35% more than the mortgage payment due
-This product is not regulated by the Financial Services Authority (FSA).
Featured
Yes
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