View more on these topics

BuildLoan – TMB Lifetime Tracker

BuildLoan

TMB Lifetime Tracker

Type: Tracker mortgage for self-build, renovations, conversions and home improvement

Tracker term: Life of loan

Tracker rate: 1.89% above the Bank of England base rate

Payable rate: 7.14%

Minimum loan: £25,005

Maximum loan: Up to 95% of valuation for land costs and 95% of valuation for build costs within final maximum of 85% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Arrangement fee: £295 plus completion fee 0.75% of the original loan

Redemption fee: None

Introducer’s fee: Refer to BuildLoan

Tel: 0870 870 9499

Recommended

30% Of public to use Isa allowance

Only 30 per cent of the public intend to use their Isa allowance compared with 71 per cent of active investors, says the Association of Investment Companies’ investor confidence index. It says 37 per cent of active investors think a recession is the biggest threat to their finances.

Advisers slam Selestia’s service

Advisers claim service levels at Selestia Investment Solutions have declined since the merger with Skandia last August.Liverpool-based Alpha Financial Management director Stephen Lee says he has been a loyal user of Selestia for years but has seen a rapid decline in service standards since the merger.Lee says: “The service is now rubbish and it is […]

EIS a sign of good breeding

Breeding Capital II and III is an enterprise investment scheme that aims to raise up to £4m to invest thoroughbred horses for horseracing and in related assets such as stallion shares.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com