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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.


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