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Buy to Let Joint Borrower Sole Proprietor 2 Year Discount

SPECIAL MORTGAGE SCHEME

With effect from 2nd December 2020

Available throughout England and Wales

A JOINT BORROWER SOLE PROPRIETOR MORTGAGE is designed to help someone to buy a home with the financial assistance of a third party or parties with the only charge being on the property being purchased. The buyer’s income is boosted by that of the third party, for example a parent or guardian, as part of the application but without adding them to the title deeds. The third party whose name will not be on the deeds will be required to take independent legal advice. The advising solicitor must provide written confirmation that they have done so in the Society’s required format before the loan monies can be released.

YOU COULD LOSE YOUR PROPERTY IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE

Maximum loan to value available:2.70% discount off the Society's Basic Variable Rate for 2 years Reverting for the rest of the term of the mortgage to Buy to Let Basic Variable Rate (BVR)The overall cost for comparison is:
75%3.19% variable5.89% variable 5.4% APRC
Enquire about this 3.19% variable rateMore information about this 3.19% variable rate - Buy to Let Joint Borrower Sole Proprietor 2 Year DiscountMaximum loan:For details of the maximum loan available for your required loan to value please call our Mortgage Department on 01455 894082.


YOU COULD LOSE YOUR PROPERTY IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE

Mortgage type

This product belongs to the following type of mortgages:
Buy to Let Mortgages, Joint Borrower Sole Proprietor Mortgages