View more on these topics

Leeds Building Society – Buy-To-Let Five-Year Fixed Fees Assisted

Leeds Building Society – Buy-To-Let Five-Year Fixed Fees Assisted

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until December 31, 2016

Fixed rate: 5.49%

Minimum loan: No minimum

Maximum loan: Up to 70% of valuation subject to a maximum of £500,000, up to 75% of valuation on an interest-only basis

Income multiples: Rental income must be at least at least 130% of the mortgage repayments calculated at the pay rate on an interest-only basis

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed rate period, free standard valuation up to £335, free in-house legal fees for remortgages, up to four properties allowed within a total maximum of £1.25m, available for properties in England, Scotland and Wales

Arrangement fee: £199 booking fee

Redemption fee: 5% of the amount repaid in years one and two, 4% in year three, 3% in year four, 2% in year five plus £199 admin fee

Introducer’s fee: None




Mifid leak suggests commission could stay for non-independents

A leaked draft of Mifid II suggests that restricted advisers may be allowed to receive commission whilst execution-only sales will be allowed to continue under the directive. The leaked draft, seen by Money Marketing, says when investment advice is provided on an independent basis, the firm must “assess a sufficiently large number of financial instruments […]

Too early to say if finance bill will be a vehicle for bank reform, claims Cable

Business Secretary Vince Cable says it is too early to say how much of the legislation that brings in the Independent Commission on Banking’s recommendations will be included in the Financial Services Bill. Earlier this month, Chancellor George Osborne told Parliament that the bill “might well” be a vehicle for the reforms but that some […]


Labour: MPs fear TSC will crack under heavy workload

MPs on the joint committee scrutinising the draft Financial Services Bill are concerned the Treasury select committee will not be able to cope with the workload involved in holding the new regulators to account. Under plans in the bill, the FSA will be replaced by the Prudential Regulation Authority, the Financial Conduct Authority and the […]

Dan Roberts quits Eden Financial for Fidelity

Dan Roberts has quit Eden Financial after two months to join Fidelity. Roberts joined Eden from Gartmore in July 2011 alongside Leigh Himsworth. Eden was due to launch a global equity income product for Roberts later this year. Eden Financial head of asset management Ed Rosengarten says: “Dan’s sudden change of heart is a big […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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