View more on these topics

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: 0.24% above the Bank of England base rate

Payable rate: 5.99%

Minimum loan: £25,001

Maximum loan: p to 90% of valuation subject to a maximum of £350,000, 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 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; 2% of the original loan

Redemption fee: 5% in the first two years

Introducer’s fee: Refer to lender

Tel: 08000 838 373

Recommended

Protected rights set to get freedom

Self-investment for protected rights could be given the green light by October, removing restrictions that prevent investors directly self-investing in shares, bonds or commercial property.

90% Are happy with IFA service

Almost 90 per cent of consumers are satisfied with the service they have got from IFAs.Research commissioned by Unbiased.co.uk also found that 86 per cent of people that used its Find an IFA service were satisfied, the highest level of consumer satisfaction since 2000.The research was conducted by Consensus and aims to assess the experience […]

paaleads.com expands offering

Lead distributor paaleads.com has expanded its Standard Plan, which now allows intermediaries to choose how they want to receive leads – the auto-bid scheme, online bidding scheme or a mixture of both – but they can also now select a variety of lead types.The Standard Plan charges intermediaries a fixed fee per lead and stipulates […]

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