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Author: admin | Category: Loan Car Calculator | Date: 15.03.2014

INTRODUCTION: When you take out a mortgage on a property you will be asked how you intend to repay the loan. The rules and tip above do not apply when the mortgage is on buy to let (see mini glossary on the right for an explanation of buy to let mortgages). This page doesn't cover tax advice so you should call us on 01394 389449 to talk to one of our buy to let advisors for more help.
MortgageA legal agreement by which a sum of money is lent on the security of property, land etc. EquityEquity refers to the net value of a property after the outstanding mortgage has been deducted.
Loan to value (LTV)This is the percentage that your mortgage amount equates to against the purchase price.
The Dealer's actual prices may vary from the published price for a number of reasons, including additional charges applicable under the laws in your state. Privacy: Your contact details are being collected by Northside Hyundai to enable us to record the details of the vehicle you are interested in and to consider the purchase of your trade-in vehicle. Privacy: Your contact details are being collected by Crick Auto Group to enable us to record the details of the vehicle you are interested in.
The Crick Auto Group was founded in 1995 and today comprises 12 dealerships representing 27 new car brands.


The group sells more than 12,000 cars annually which guarantees our customers great choice at competitive pricing. Privacy: Your contact details are being collected by DJ Mazda to enable us to record the details of the vehicle you are interested in and to consider the purchase of your trade-in vehicle. Many lenders now restrict the maximum LTV for interest only mortgages to 75% as they consider this method high risk.
In fact it is quite normal for buy to let mortgages to be set up on a pure interest only basis due to the tax benefits.
If the borrower fails to observe the terms of the mortgage, the lender retains the right to take possession of the property. Information provided by this calculator is based on the accuracy of information provided and does not take into account your personal needs and financial circumstances. We may disclose your personal information to third parties to check whether and how, your vehicle is encumbered. This finance payment based on ABN holders over 5 years on a chattel mortgage with a 30% residual value.
If you apply for a loan your interest rate will be based on your individual credit assessment. The Dealer and its providers of data have been diligent in providing accurate and complete information.


From time to time, Northside Hyundai would like to contact you and to let you know about our products and services, including special offers. From time to time, Crick Auto Group would like to contact you and to let you know about our products and services, including special offers. From time to time, DJ Mazda would like to contact you and to let you know about our products and services, including special offers.
However, the Dealer and its providers do not warrant the accuracy or completeness of the data. To approved applicants only, "Conditions apply" please contact us for details, including terms and conditions. If you do not provide us with your personal information, we may not be able to consider any offer made by you.
If you would like to access the information we hold about you or more information on our privacy policy, please Email Us.



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