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Mortgage Express one-year buy-to-let fixed

Mortgage Express one-year buy-to-let fixed

Type: Buy-to-let fixed

Fixed term: 3 June 2003

Fixed rate: 2.99%

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

Redemption fee: Six month&#39s interest at underlying variable rate (base rate + 1.75%) until 3 June 2005

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


ZFS sells European business to Generali

Zurich Financial Services’ restructuring continues apace with a deal to sell its businesses in Poland, Hungary, Slovakia and Czech Republic to Generali.The two companies have also signed agreements to collaborate on international corporate clients so Zurich will still be able to offer a Europe-wide service to its clients. Zurich has also sold its Mexican pension […]

Royal London axes 250 direct sales advisers

Royal London is to undergo a major restructuring over the next three years, moving into the unregulated market and slashing 250 advisers from its direct salesforce.In anticipation of a liberalisation of the market for financial advice, Royal is reducing the number of its existing advisers to 450 from 700 but launching a new salesforce which […]

Pru rebrands ScotAm European

The Scottish Amicable European brand is being scrapped by Prudential.After scrapping the onshore brand, Pru is rebranding SAE as Prudential International and launching a new offshore with-profits bond.SAE was set up in its Dublin base in 1994 to market back into the UK. The phasing out of the onshore ScotAm name began last year although […]

Inter-Alliance to go 90 per cent AFA

Inter-Alliance has indicated 90 per cent of its IFAs will become authorised financial advisers if CP121 is adopted as drawn. The national IFA said it would structure itself in a way that suited its advisers, and indicated only 10 per cent would remain IFAs working under defined payment agreements post-polarisation.

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


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