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ICMG – Buy-to-Let Exclusive

Friday, 26 October 2001.

Tracker term: Three years.

Tracker rate: Bank of England base rate plus 0.99 per cent.

Minimum loan: £40,000.

Maximum loan: Up to 80 per cent of valuation subject to a maximum of £1m for up to 10 properties.

Income multiples: 3.25 times principal income plus second or 2.75 times joint.

Arrangement fee: £299.

Redemption fee: 4 per cent of amount repaid in year one, 3 per cent in years two and three.

Conditions: None.

Introducer&#39s fee: 0.35 per cent.

Tel: 07733 008536.


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