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Mortgage Express five-year buy-to-let fixed

Mortgage Express five-year buy-to-let fixed

Type: Buy-to-let fixed

Fixed term: 3 June 2007

Fixed rate: 6.25%

Minimum loan: £40,000

Maximum loan: £300,000 up to 85% LTV, £400,000 up to 70% LTV, £1m up to 60% LTV

Rental income: 130% of gross monthly mortgage payment

Arrangement fee: £325 upon completion

Redemption fee: Six month’s interest at underlying variable rate (base rate + 1.75%) until 3 June 2007

Conditions: Mortgage Express will not lend on properties in the M25 circle valued at less than £70,000. Available through Pink Home Loans

Introducer’s fee: 0.5%

Tel: 08707 590 170


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Hargreaves Lansdown puts hypermart on net

Hargreaves Lansdown is setting up its HL Vantage fund hypermarket online after bringing in £1bn under management in its first year in operation.The site, which is claimed to offer investors all unit trusts, Oeics, investment trusts and shares on the market, will be available online through the website service will offer IFAs and investors […]

Abbey branches out into DIY stores

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Mortgage Express five-year fixed

Mortgage Express five-year fixed Type: FixedFixed term: Until 3 June 2007Fixed rate: 6.49%Minimum loan: £40,000Maximum loan: £500,000 up to 50% LTV, 90% LTV up to £250,000Income multiples: 3.25 principal plus 1 or 2.75 x joint (employed); 3.5 x principal plus 1 or 2.75 x joint (self-employed)Arrangement fee: £325Redemption fee: Six month&#39s interest at underlying variable […]

Who pays inheritance tax and how to declare it

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