View more on these topics

Edeus -Two Year Buy-To-Let Tracker

Edeus

Two Year Buy-To-Let Tracker

Edeus

Two Year Buy-To-Let Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Two years

Tracker rate: 0.14% above the Bank of England base rate

Payable rate: 5.89%

Minimum loan: £25,001

Maximum loan: Up to 85% of valuation subject to a maximum of £1m, up to 80% of valuation subject to a maximum of £1.5m, up to 75% of valuation subject to a maximum of £2m

Income multiples: Rental income must be at least 100% of mortgage repayments

Conditions: Capital repayments of up to 10% a year allowed without penalty, mortgage available through Fuel, Openwork, Sesame, Positive Solutions, Intrinsic, Tenet, Minel, The Money Centre, Home of Choice and Concordia
Arrangement fee; 1.75% of the original loan

Redemption fee: 5% in the first two years

Introducer’s fee: Refer to lender

Tel: 08000 838 373

Recommended

Davy wants grandfather route into PFP category

SimplyBiz chairman Ken Davy is calling for all advisers with three years’ exper-ience and an unblemished claims’ record to be included in the professional financial planner advice category proposed in the retail distribution review.He says that the PFP definition put forward in the RDR is too restrictive and believes that plans for the general financial […]

Emerging markets caught in fallback

Emerging markets have suffered a sharp setback as investor fears grow over contagion from the US.Emerging market equities held up well in July, with the MSCI emerging markets index returning 5.3 per cent compared with a 2.2 per cent fall in the MSCI world index.But since its July 23 peak, the MSCI emerging market index […]

Deadline extended for NU orphan cash

Aviva policyholder advocate Clare Spottiswoode has extended the deadline for completing talks with Norwich Union over reattribution of the inherited estate of two of its with-profits funds from early next year until later in2008.

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