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SEMI EXCLUSIVE EXPATRIATE SCHEMES
IMP SEMI EXCLUSIVE EXPATRIATE SCHEMES FUNDED
BY
IPSWICH BUILDING SOCIETY.
Feb 2020
Scheme 1 Buy to Let 2 Year Discount Purchase & Remortgage
3.00%
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Pay
rate 3.00% Two years from completion. Thereafter
negotiable. A discount of 2.74% from Standard Variable Rate
currently 5.74%
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Lender’s
application fee £199.00 – Completion fee £999.00. IMP booking
fee £195.00
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Scale valuation.
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Early
repayment charge 1% within product term. 50% of the original
advance penalty free.
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Maximum
loan to value 75%
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Stress Test; Notional rate of 5.50%
stressed at 145%
SCHEME 2 – Buy to Let
2 Year Fixed Purchase and Remortgage 3.75%
Scheme Details
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Pay rate 3.35% Fixed until 31/12/2021. – Thereafter negotiable.
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Lenders Application fee £199.00 – Completion fee £999.00. IMP
booking fee £195.
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Scale valuation.
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Early repayment charge 3% within product term. 50% of original
advance penalty free.
Maximum loan to value 75%
Stress Test; Notional rate of 5.70%
stressed at 145%
SCHEME
3 – Buy to Let
5 Year Fixed Rate3.50%
Scheme Details
In
all cases interest is calculated daily and applicants have choice of
Interest Only, Capital & Interest or combined. Ipswich Building
Society current Standard Variable Rate is 5.74%
Mortgage Enquiry Form
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