A highly attractive rate for savvy (and speedy) investors.
7.99%
which is a 5 year fixed rate until 31/07/2013, then…
7.25%
variable which is Bank Base Rate plus 2.25% for the rest of the mortgage period.
The overall cost for comparison is
8.2% APR
If you're thinking of buying a property as an investment, this great rate from Giraffe could offer you what you're looking for. But you need to act fast to capitalise on it. Because, like all our great rates, it won't be here for long.
Other important information to bear in mind:
- 1% arrangement fee
- No extended tie in
- Borrow up to 85% of the property value
- Higher Lending Charge paid by Giraffe
- Early repayment charges: 5% of the sum repaid until 31/07/2013
- Lending fee: £195 (due on completion but payment can be deferred until the mortgage is fully repaid). Full repayment mortgage release fee (currently £0)
- Part repayment admin fee: £50
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
