buy to let mortgage

edited 30 November -1 at 1:00AM in Mortgages & Endowments
1 reply 1.2K views
SmokeyoneSmokeyone Forumite
146 Posts
edited 30 November -1 at 1:00AM in Mortgages & Endowments
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

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