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    12.09.07–New 115% Rental Cover Option on Isle of Man Buy to Let Property



    Irish Permanent International offers a New 115% Rental Cover option on Isle of Man 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
    •  Subject to satisfactory credit searches
    •  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


    This option continues to be available for Buy to Let property located in the UK.

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

    Product

    RATES

     

    LTV

    Fee

    Flexible & Discounted Flexible Trackers

    6.24% to 6.99%

    0.49% - 1.24% above BoE base rate

    Up to 85%

    1% of Adv

    Term Trackers

     

    6.24% or 6.99%

    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

    4.99% or 5.24%

    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