6.89% Fixed to 31/05/2011

6.75% Tracker

6.89% Fixed to 31/05/2011

6.75% Tracker

Upto £500,000 (Remortgage only LTV 75)

Mortgage is Portable

If the applicant moves house the applicant can transfer the rate, terms and conditions of the remaining balance of this mortgage to the applicants new property. Conditions apply - please see the Bristol & West 'Porting Your Mortgage Rate' leaflet.

- Mortgage is NOT for First time buyers

Free Legal

No extended tie in.

Products are only available for non regulated sales

BTL Portfolio limited to 2.5M and 15 properties

Overall maximum portfolio with this lender is £2.5 million and 15 properties.

Products displayed are for Main Advances only, please contact Bristol & West for further advance products.

Product is not CAT standard.

Bristol & West will pay for one standard valuation to be completed on your application but Bristol & West may not always arrange for a valuer to go and inspect the property.

- FREE LEGALS - If you are remortgaging your property, Bristol & West will pay your standard conveyancing costs if you use Bristol & West's nominated solicitors. There may be costs that aren't covered by this, please refer to Bristol & West for more details.

Overpayments are permitted on this mortgage. A lump sum overpayment can only be made by cheque and is any amount that you pay to us in addition to the monthly payment due. When we receive a lump sum overpayment, we recalculate the amount you owe and the amount of interest you pay with effect from the following day. This means you get the benefit of paying less interest straight away.

Regular overpayments can only be made by standing order and are amounts that you pay us each month in addition to the normal monthly payment. When we receive a regular overpayment, we recalculate the amount you owe and the interest you pay at the end of our financial year (currently 31st March). The amount you owe will not be reduced immediately.

On this mortgage, early repayment charges may apply and we charge an administration fee (currently £50) on each occasion. However, during the financial year, you can make lump sum and/or regular overpayments that will not incur an early repayment charge or an administration fee providing that - 1) each lump sum overpayment is not less than £2,000 and 2) the total amount repaid does not exceed 10% of the amount owed at 1st April. If an overpayment is made which causes the total amount overpaid to exceed 10% then the whole of that overpayment will be subject to an early repayment charge due and an administration fee will be payable.

Buy to Let : Accepted, Max properties 15

Capital Rest Period : Yearly

Repayment Yes

Endowment Yes

PEP Yes

Pension Yes

Interest only (no RV) Yes

With Profits Yes

Unit Linked Yes

ISA Yes

Split Repayment Yes

Arrangement : None Upfront

Booking : None

5% of loan to be paid until 31/05/2011, 10% capital repayments allowed per year without penalty

None

Basic:

Free

Homebuyers:

upto £50,000 - £310

upto £75,000 - £350

upto £100,000 - £390

upto £150,000 - £430

upto £200,000 - £470

upto £250,000 - £520

upto £350,000 - £570

upto £500,000 - £770

upto £750,000 - £840

upto £1,000,000 - £930

upto £1,500,000 - £1090

upto £2,000,000 - £1230

upto £2,500,000 - £1440

upto £3,000,000 - £1590

Min Valuation £40000

Higher lending charge paid by Bristol & West Mortgages.

Telegraphic Transfer fee £30 may apply.

Booking fees where applicable are non-refundable and cannot be added to the loan, and they must accompany the application.

Early Repayment Charges may apply and where applicable are charged on the amount redeemed unless otherwise stated. For part pay-offs an administration fee of £50 is charged (no charge for flexible/offset products).

There is a Telegraphic Transfer fee of £30.

The valuation fee includes an administration fee of £90.

The insurance administration fee is only applicable if the applicant arranges their own insurance.

There is a £50 fee for reinspections and final inspections, including an admin fee of £8.50

For revaluations - admin fee goes up to £20 on properties valued up to £250,000 making the total fee £100.

Bristol & West requires that the remortgage Land Registry fee is shown for remortgage cases where free legals with Bristol & West's solicitors is not available. The Fees are

England & Wales Cases

Loan Amount - Fee

Up to £100,000 - £40

£100,001 to £200,000 - £50

£200,001 to £500,000 - £70

£500,001 to £1,000,000 - £100

£1,000,001 and over - £200

Scottish Cases

Loan Amount Fee

Up to £20,000 £22.00

Up to £30,000 £33.00

Up to £40,000 £44.00

Up to £50,000 £55.00

Up to £60,000 £66.00

Up to £70,000 £77.00

Up to £80,000 £88.00

Fees increase by £11.00 for every £10,000 until

Up to £200,000 £220.00

Up to £300,000 £250.00

Up to £400,000 £275.00

Up to £500,000 £300.00

Up to £600,000 £325.00

Up to £700,000 £350.00

Up to £800,000 £400.00

Up to £1,000,000 £450.00

Up to £1,500,000 £750.00

Up to £2,000,000 £1000.00

Up to £3,000,000 £1500.00

Up to £5,000,000 £2500.00

Exceeds £5,000,000 £3750.00

Higher Lending Charges are calculated on the difference between 75% of the value of your home and the amount you wish to borrow.

Insurance Admin - £25.00 Payable on completion.

Lending Fee - £195.00 Payable on completion. A lending fee. We charge this fee for making a loan under a new mortgage. The fee becomes due on completion but you can defer payment until the date on which the mortgage is fully repaid. We will assume that you want to defer payment unless you tell us otherwise. We will not charge interest on the fee in the meantime. The fee is not refundable.

Land Registry - £0.00 Payable on completion. # Fee Applicable for Remortgage cases only except where free legals apply.

Mortgage Release Fee - £0.00 Payable on redemption. A mortgage release fee – payable on full repayment and non-refundable. This fee is based on current rates and may be subject to change in the future.

Freehold Flat No

Purpose Built Flat Yes

Converted Flat Yes

Flat Over Shop Yes

Maisonette Yes

Studio Flat Yes

Flying Freehold Refer

Thatched Yes

Timber Framed Refer

Concrete Refer

Agricultural Tie Refer

Flat Over 4 Storeys Refer

Listed Building Yes

Not Accepted

Flats in converted office blocks and speculatively converted ex local authority blocks are unacceptable.

Flats in mixed use developments (e.g. above a shop) and studio flats are considered up to 75% LTV.

Sitting Tenants are acceptable for both purchase and remortgages in England and Wales, and for remortgages only in Scotland. Please refer to Bristol & West for further information.

No holiday homes, lets to family members or Houses in Multiple Occupation (HMOs). Students lets are acceptable (maximum of 4 tenants), on an Assured Shorthold Tenancy.

Department for Work and Pensions tenants are acceptable.

Maximum of two properties per block or full postcode area. Flats with lift, please refer to Bristol & West for maximum number of storeys in block.

For Builder or Vendor Incentives and Deposits, lending is based on the lower of the valuation or the net purchase price after the deduction of the incentive.

Ex-local authority houses acceptable, no Shared Equity.

Ex local authority flats, valued at a minimum of £90,000, are acceptable

This will apply to Buy-to-let, Self-Cert and Lifetime criteria. Please note that the £90,000 minimum valuation does NOT apply to Standard products.

For BTL applications Bristol and West have a maximum LTV of 75% for flats which are newly constructed or being purchased for the first time.

Accepted Locations : England, Scotland, Wales

Bank Statements No

At Least 3 Months Pay Slips No

P60 No

Proof Of Residency No

Life Policy To Be Assigned No

Previous Lender References No

Buildings Conditional

Min Loan /Rmg £25,001

Max Loan /Rmg £500,000

Max Portfolio of BTL Loans £2,500,000

Min Age 21 years

Max Age none

Min Term 5 years

Max Term 40 years

Foreign Citizens Accepted

Ex-Patriates Accepted

Rental Income must be 100% of the monthly mortgage payments

Min months in current position none

Min months in continuous service none

Min no. of years accounts none

Average years taken to calculate income none

Will consider declining profit Refer

Buy to Let applications are assessed on a Self Financing basis.

Rental income should be equal to or greater than the interest only payment due on the loan calculated at 100% of the initial pay rate on fixed or capped rates of 3 years or more and 118% of the initial pay rate on all other products.

Rental Income is assessed by the valuer on an unfurnished basis.

For loans up to 75% LTV there are no minimum income requirements, for loans greater than 75% at least one applicant must have a basic income exceeding £15,000. Existing commitments are not deducted from income.

Rental Income must be 100% of the monthly mortgage payments

Hire Purchase NOT Taken into account

Personal Loans NOT Taken into account

Overdraft NOT Taken into account

Credit/Store Cards NOT Taken into account

Child Maintenance NOT Taken into account

Child Education NOT Taken into account

Extra Income:-

Other Income - Guaranteed No

Other Income - Regular No

Other Income - Irregular No

Investment Income No

Mortgage Subsidy No

Large Town Allowance No

Maintenance Payments No

Non Contributory Pension No

Car Allowance No

Capital Raising 75%

Home Improvements 75%

Debt Consolidation 75%

School Fees 75%

Holidays/Cars 75%

Buy Other Property 75%

Business Purposes Refer to Lender

Divorce Settlement 75%

Unencumbered 75%

Existing tenants are acceptable, refer to Bristol & West for details.

CCJs : Refer to lender

Defaults : Refer to lender

Arrears : Refer to lender

Bankrupt : Refer to lender

Current IVA : Refer to lender

Repossession : Refer to lender

- Refer to lender for advice.