View more on these topics

Buy-to-Let with Exclusive Connections

Exclusive Connections


Type: Fixed rate mortgages for the buy-to-let market.

Fixed terms: Until February 1, 2002 and June 1, 2008.

Fixed rates: 7.59 per cent or 6.99 per cent respectively.

Minimum loan: £25,001.

Maximum loan: Self certification – up to 75 per cent of valuation subject to a maximum of £150,000. Full status – up to 85 per cent of valuation subject to a maximum of £150,000.

Income multiples: 3.25 times principal income plus second or 2.5 times joint plus 50 per cent of gross rental income and 9 per cent of existing mortgage balanced deducted from income before applying multiple.

Arrangement fee: £499.

Redemption fee: Three year – four months&#39 gross interest in first four years. 10-year – four months&#39 gross interest in first 10 years.

Conditions: Life cover required but not assigned. Single property only and no holiday homes.

Introducer&#39s fee: Varies depending on member.

Tel: 01832 272705.


Edinburgh Dragon Trust loses half its value

Edinburgh Dragon Trust has seen its share price more than halve in value over the past 12 months according to its preliminary results ending 31 August this year.But it is still beating its benchmark, the MSCI All Countries Asia Free (ex Japan) Index by 9.7 per cent.The trust&#39s share price fell by 54.1 per cent […]

Birmingham Midshires unveil Guaranteed Bond

GUARANTEED EQUITY BONDSBirmingham MidshiresEQUITY LINKED TRACKER BONDAim: To achieve a guaranteed return and capital growth linked to the FTSE 100 stockmarket index.Minimum-maximum investment: £2,500 – £500,000.Term: Until December 31, 2003.Return: 100 per cent of the growth in the FTSE 100 index over the term, subject to a maximum of 100 per cent of the initial […]

Time to stop the salami slicing on tax relief

Steve Webb  – Director of Policy and External Communications As the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief. Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor might make to […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment