buy to let mortgage

Smokeyone

For anyone that is up on buy to let mortgages does this sound a fair deal through a broker.
25 percent deposit/£150k loan
interest only 1.1 per cent above base rate for five years -
==5.85
rest of the term 1.95 per cent above base rate = 6.7
plus all the fees
arrangement £400 + ins policy inspection fee £45 is that a new one + valuation £325 + broker fee £1500 + vat I assume.
How does this all sound
Thanks
Smokeyone

martinhp

I have access to lifetime tracker of 5.45% or 5 year tracker at 5.65% upto 85% ltv. And the broker fee will be less (maybe none at all ). And I am sure that you shouldn't be charged VAT on it. I won't