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 | 01/10/2009 | PFC offering Expatriate & Foreign Nationals BTL mortgages
Due to demand we have gone into the Expatriate & Foreign national BTL mortgage market, brief criteria as follows:
- Min Age 18 & Maximum 65 (Employed) or 75 (Self-Employed)
- Min Loan £100k
- Min Joint Income £50k
- Current rate of BBR + 2.69%, 1% Lender Fee (can be added), 2% ERC if repaid within first 3 years
- Loan to Value 65% on Interest Only but increases to 70% on Re-payment basis
- New builds or properties less than 5 years old LTV reduced by 5%
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