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Pink Home Loans – BM Solutions Buy To Let Three Year Discounted Tracker

Pink Home Loans

BM Solutions Buy To Let Three Year Discounted Tracker

Type: Buy-to-let discounted tracker mortgage

Tracker term: Three years

Tracker rate: 0.76% below the Bank of England base rate

Payable rate: 4.99%

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 100% of mortgage repayments

Conditions: Unlimited number of properties allowed within a total of £10m

Arrangement fee £2,999

Redemption fee: 6% of the amount repaid in the first three years

Introducer’s fee: 0.5% of the original loan subject to a £150 minimum and £4,500 maximum

Tel: 08707 590170


L&G appoints Ben Thompson as mortgages director

Legal & General has appointed Ben Thompson as mortgages director.Thompson, who comes to L&G from Paymentshield, will manage the insurer’s Mortgage Club and be responsible for ensuring advisers have access to its mortgage products.L&G director of housing Stephen Smith says: “We look forward to having Ben on board and we’re sure his experience and enthusiasm […]

No woolly thinking

Knitting has never been a core competency of the Institute of Financial Planning as it is not seen as totally relevant to the development of the profession of financial planning. There might clearly be some lifestyle benefit to the hobby but I gather that it is all too easy to drop a stitch, meaning the whole thing has to be unravelled.

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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