View more on these topics

Pink Home Loans – 1.25 Per Cent Discount Buy To Let

Tuesday, 7th November 2000.



Discounted term: Two years.




Discount: 1.25 per cent.




Payable rate: Up to 75 per cent of valuation 6.25 per cent, 76-80 per cent of valuation 6.5 per cent.




Minimum loan: £40,000.




Maximum loan: Up to 80 per cent of valuation subject to a maximum of £1m.




Income multiples: Rental income must be at least equal to 130 per cent of monthly payment. Minimum income of £20,000, or £30,000 for joint applicants.




Arrangement fee: £325.




Redemption fee: Six months&#39 interest in first three years.




Conditions: None.




Introducer&#39s fee: 0.5 per cent of advance.




Tel: 01543 441530.


Recommended

First Direct adopting a twotier system in switch to IFA

First Direct, HSBC&#39s telephone and internet banking arm is ringing the changes with a two-tier entry into the IFA market.The telephone-based service is set to start up in the middle of January. Its target is to make the bank one of the biggest IFAs in the country, with the aim of filling the gap in […]

BSkyB switching on TV channel for IFAs

BSkyB is aiming to revolutionise the UK financial services market with a new interactive digital TV channel dedicated to IFAs and other intermediaries.The multi-million-pound venture has the working title of The Financial Channel and aims to offer product providers a platform to communicate with IFAs, provide news and analysis and offer interactive continuing prof es […]

House prices on the up

The average price of properties bought or sold in the UK rose in October according to Nationwide Building Society. The average price paid for a house crept up by 0.9 per cent to £81,036 from £80,307 which makes the average price 9.9 per cent higher than the same period last year. Nationwide planning divisional director […]

R&SA offers IHT pack to advisers

Royal & Sun Alliance International Financial Services is launching a UK inheritance tax planning pack for IFAs.The company says the pack is designed for IFAs looking to maximise opportunities for IHT planning among UK clients.As part of the launch, the offshore life office has repackaged its existing IHT trust plans and added a new plan […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment