Thank you for your continued support. This is email is to inform you of a change to the current Buy to Let 2.99% limited edition 5 year fixed products (individual and Limited Company).
Product Withdrawal
The following products will be withdrawn today Thursday 4th May. Last applications must be fully submitted by 8pm:
- (Code UZY79) – Individual Buy to Let – 2.99% fixed for 5 years; Arrangement fee 2%
- (Code UZY80) – Limited Company Buy to Let – 2.99% fixed for 5 years; Arrangement fee 2%
Product Launch
The following limited edition products will be launched to replace them. The products will be available to view on the Precise Mortgages website from 8:30 am on Friday 5th May. Please note that the product code and the arrangement fee are different to the products being withdrawn (all other aspects of the products are the same).
- Code: Individual Buy to Let – UZY81; Limited Company Buy to Let – UZY82
- Rate: 2.99% Fixed for 5 years
- Fee: 00%
- ERC: 4% Year 1 and 2, 3% Year 3 and 4 and 2% Year 5
- Revert Rate: 5.00%
- Assessment Rate: 2.99% (Pay rate)
- Tier: Tier 1
- LTV: 75%
- Min Loan Size: £350,000
- Max Loan Size: £3,000,000 (LTV limits apply)
Please find the product guides below: