Lloyds TSB

Lloyds TSB Bank Plc

Phone: +44 (0)1733 232030
Email:
Name

Residential buy to let mortgage

Category
Description
If you would like to grow your capital and rental income by extending your property portfolio then our residential buy to let mortgage could suit your needs.
Benefit
-Bank rate linked or fixed interest rate.
-Borrow up to 70% of the value of the property.
-Capital repayment holidays available.
-Mortgages start from £25,000.
-You can choose a mortgage term from 3 to 25 years.
-We can lend up to 70% of the value of the property, and in some cases more.
-Bank rate linked and fixed rates are available.
-For a bank rate linked mortgage you can apply for a capital repayment holiday of up to 12 months (to be taken at the start of the loan).
-If you choose a fixed rate, your repayments will remain the same even if bank rate rises or falls.
-If you repay part or all of your fixed rate mortgage before the end of the agreed term there may be an early repayment charge. There is no early repayment charge for bank rate linked loans.
-If you wish to borrow on other terms we may still be able to help you.
Eligibility
To apply online for a residential buy to let mortgage from Lloyds TSB you will need to confirm the following:

-you are a sole trader, partner, or director
-you are aged 18 or over
-you require the finance for business use.
Supporting Documents
Before you apply you will need to have the following information available:

-how much you would like to borrow
-the purpose of the finance
-how many months you would like to make the repayments over.
Featured
Yes

Reviews

This place is where you can write your valuable comment, suggestion, complain or share your views about this banking items. Other people can get the benefit from your input knowing how good/bad this item is. Your valuable feedback will help the bank to refine their products and improve the quality of services.
Comments powered by Disqus