View more on these topics

Pink Home Loans – BM Solutions Buy to Let BBR + 1.29 for Life

Type:
Flexible buy-to-let tracker mortgage

Tracker term:
Lifetime of loan

Tracker rate
1.29% above Bank of England base rate

Payable rate:
5.79%

Minimum loan:
£25,001

Maximum loan:
Up to 85% of valuation subject to a maximum of £1m

Income multiples:
Rental income must be at least 125% of mortgage repayments

Conditions:
Online applications only

Flexible features:
Overpayment, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Arrangement fee:
£499

Redemption fee:
None

Introducer&#39s fee:
0.5% of original loan subject to £200 minimum and £5,000 maximum

Tel: 08707 590170

Recommended

A scatter gram approach

In my last few articles, I have discussed how standard deviations can be used to measure the volatility of asset classes, sectors and funds, so providing a key tool in portfolio planning. By way of a quick reminder, the higher the standard deviation, the higher the historic volatility of an asset. Thus, the relative volatilities […]

Cavendish Young links with law firm

IFA Cavendish Young has teamed up with Essex law firm Sanders & Co to advise on investment, financial and mortgage broking services to its clients.

Nikko is close to selling off Mortgages plc

Mortgages plc is to be sold by majority shareholder Nikko Principal Investments. The sale will involve all Mortgages plc&#39s group companies, including Genesis. Nikko has entered into negotiations with a global financial institution and has granted a period of exclusivity to allow the institution to go through a process of due diligence prior to completing […]

Advisers take the tablets for face-to-face meetings

A new computer system will allow Positive Solutions&#39 advisers to input client information writing freehand using an electronic pen, a laptop and mobile phone technology. The company believes the Intuitive system which uses tablet PCs will help advisers when they are with clients as they will not get distracted by having to type in fact-find […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment