View more on these topics

Mansfield Building Society – 2-Year Fixed Rate Buy-To-Let

Mansfield Building Society – 2-Year Fixed Rate Buy-To-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Two years

Fixed rate: 4.19%

Minimum loan: £35,000

Maximum loan: Up to 70% of valuation subject to a maximum of £300,000

Income multiples: Rental income must be at least 130% of the monthly mortgage interest calculated at the pay rate

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period, available direct and through intermediaries, available for properties in England and Wales, up to five properties allowed within a total maximum of £500,000

Arrangement fee: £999

Redemption fee: 2% of the original loan in the first two years

Introducer’s fee: 0.3% of the original loan subject to a £1,000 maximum

Tel: 01623 676360



New Star and Evershed settle out of court

Patrick Evershed, former fund manager at New Star, has reached a settlement with the asset manager over claims he was bullied. Evershed had been seeking more than £1m in compensation from his former employer, claiming he was bullied by the firm’s founder John Duffield. The parties said in a statement: “New Star Asset Management holdings […]

Defaqto: Providers are failing existing pension customers

Providers are failing to provide an adequate service to existing pension customers ahead of the retail distribution review, according to research from Defaqto. The independent financial research firm questioned 500 IFAs who deal in individual pension products. While providers were found to be meeting advisers expectations when servicing new customers, the research suggests they are […]


Hargreaves Lansdown adds passive funds to its platform

Several of Vanguard Asset Management’s tracker funds have been added to Hargreaves Lansdown’s Vantage platform. Hargreaves has also added the SWIP FTSE all share index, which has a TER of 0.11 per cent, to its service. A total of 12 Vanguard trackers in the equity, fixed-income and blended spaces are now available to retail investors […]


HSBC to cut 330 UK jobs

HSBC is cutting around 330 jobs in the UK as part of a regional restructure of its commercial banking division and in response to “the very challenging economic environment”. Around 232 staff in HSBC’s commercial bank will be affected, as the division reduces from nine regions to six. The six new regions will be London, […]

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]


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