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    19.02.07– New 115% Rental Cover Option on UK Buy to Let Property



    Irish Permanent International introduce a New 115% Rental Cover option on UK Buy to Let property:

    •  Available to:


      • Individuals with permanent right to reside in the UK, Republic of Ireland or Isle of Man
      • Offshore Companies & Trusts where the principal guarantor/settler is an individual with permanent right to reside in the UK, Republic of Ireland or Isle of Man


    •  Available on all advertised products excluding ‘non-recourse’ products (individual product terms apply)
    •  Rates from 0.49% above Bank of England Base Rate
    •  Up to 85% LTV
    •  Minimum loan £75,000.



    We have a range of competitive products available with the 115% Rental Cover option:


    Product

    RATES

     

    LTV

    Fee

    Flexible & Discounted Flexible Trackers

    5.90% to 6.49%

    0.65% - 1.24% above BoE base rate

    Up to 85%

    1% of Adv

    Term Trackers

     

    5.74% or 6.49%

    0.49% or 1.24% above BoE base rate for loan lifetime

    Up to 85%

    1.5% of Adv or NO FEE

    Cross Currency Loans -
    Euro

    4.49% or 4.74%

    0.99% or 1.24% above ECB base rate

    Up to 75%

    1% of Adv

    Cross Currency Loans -
    US Dollar

    6.24% or 6.49%

    0.99% or 1.24% above US Federal Reserve rate

    Up to 75%

    1% of Adv

 

To view specific criteria details for the 115% rental cover option please click here www.irishpermanentintl.com/lending/buytoletmortgage.php

To view all mortgage interest rates please click here
www.irishpermanentintl.com/lending/interestrates.php

To download a mortgage application form please click here
www.irishpermanentintl.com/lending/mortgageapplication.php

To contact us for further information please click here
www.irishpermanentintl.com/site/contactus.php