View more on these topics

Leek United Building Society – 2-Year 5.25% Fixed Buy-To-Let

Leek United Building Society – 2-Year 5.25% Fixed Buy-To-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until June 30, 2013

Fixed rate: 5.25%

Minimum loan: £75,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

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

Conditions: Capital repayments of up to 10% a year allowed without penalty in  the fixed-rate period, available only for properties in England and Wales, available through selected intermediaries, up to 10 properyties allowed

Arrangement fee: £99 plus £100 booking fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Refer to lender




The weaknesses of the Money Advice Service

Like other advisers, I am paying, without option, towards this years £43.7m money advisory service funding. Legislation actually provides for a variety of possible funding sources, including public funds, consumer credit licences and a levy on financial services firms regulated by the FSA. Thus far, however, regulated firms have been the only source of funding […]


Actuaries want rise in £150 tax limit on advice

The Government is facing renewed calls to increase the £150 tax-free limit on independent financial advice paid for by employers. In its submission to Lord John McFall’s workplace retirement income commission call for evidence, the Association of Consulting Actuaries urges policymakers to improve fin-ancial education to create a “culture of saving” in the UK. ACA […]

Anderson shelters

Concluding the series on keyperson cover, I look at the tax implications for major shareholders

Greg Broomer 2

Survey looks at the challenges facing businesses post auto-enrolment

A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.


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