View more on these topics

GMAC RFC – Buy-to-Let 3 Year Fixed

GMAC RFC


Buy-to-Let 3 Year Fixed

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until April 1, 2008

Fixed rate:6.25%

Minimum loan; 25,001

Maximum loan: Up to 89% of valuation subject to a maximum of 300,000, up to 75% of valuation subject to a maximum of 400,000, up to 65% of valuation subject to a maximum of 500,000

Income multiples: Rental income must be at least 125% of mortgage repayments

Conditions: Not available for remortgages

Arrangement fee:795

Redemption fee: 3% of amount repaid until April 1, 2008

Introducers fee: 0.5% of original loan

Tel: 0870 4844484

Recommended

Investors are moved by FTSE high

80 per cent of investors in UK equity and fixed interest funds dont care that the FTSE 100 has breached the 5000 mark, according to research by Bates Investment. Bates senior investment advisor Paul Illott says that while the breach might be significant for investors who have pencilled 5000 in as a signal to sell […]

JLT Sipp builds on New Europe Property

Jardine Lloyd Thompson is offering a Sipp which enables investors to hold buy-to-let properties in emerging markets such as Poland, Croatia and Bulgaria in their pensions.

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