Products rates & fees

C&G Buy-to-Let Tracker Mortgages

For all Buy-to-Let applications the Additional Mortgages form must be completed.

 

• 0.50% proc fee paid on all buy-to-let products.
• For loans of £500,001 or more, the LTV shown is indicative and cases will be underwritten on an individual basis. Before proceeding with large loan applications, please contact your BDM for details of current lending policy.
• At the end of the initial product period the interest rate charged will switch to the Buy-to-Let Variable Rate, currently 4.84%

View the C&G buy-to-let mortgage lending policy

 

 

Buy-to-let loans between £5k and £500,000, to 75% LTV

• Available for remortgages, house purchases, product switches and additional borrowing

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
2-Year Tracker until 31/07/12	Interest only: ET82 Repayment: ET83	5.09% (+4.59)	2.75% of loan	Before 01/08/11 = 3% 01/08/11 - 31/07/12 = 2%	Calculate

 

Buy-to-let loans between £5k and £500,000, to 75% LTV - Remortgage

• Available for remortgages only
• Free valuations - the valuation fee will be waived for this product.
• Free legal work**

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
2-Year Tracker until 31/07/12	Interest only: ET84 Repayment: ET85	5.34% (+4.84)	2.75% of loan	Before 01/08/11 = 3% 01/08/11 - 31/07/12 = 2%	Calculate

Other features of this product:

 

• Our free legal work offer does not apply to buy-to-let unless otherwise stated
• View valuation fees
• Initial rate guaranteed to move in line with the Bank of England interest rate
• Transfer of funds fee: £35 always added to the loan and non-refundable. No Transfer of funds fee on product switches
• Application fee: £99 payable up-front only and non-refundable*
• Interest calculated daily
• No Higher Lending Charges

*Application fee payable if your client is a new or existing C&G or Lloyds TSB mortgage customer purchasing a property, taking out additional borrowing or moving their mortgage from another lender. Not payable if your client is an existing C&G or Lloyds TSB mortgage customer switching to a new deal. One time payment valid for 12 months.

 

**Free legal work on standard remortgages of £5,000 - £999,999 - provided that the work is carried out by a firm of solicitors authorised to do free legal work for C&G. For non-standard remortgages a fixed-price service for the most common extra legal work required is also available.  Exclusions apply