View more on these topics

Pink Home Loans – Exclusive Buy To Let 5 Year Discount 75 Per Cent

Wednesday, November 28, 2001.

Type: Buy to let discounted rate mortgage.

Discounted term: Five years.

Discount: 0.76 per cent.

Payable rate: 4.74 per cent.

Minimum loan: £40,000.

Maximum loan: Loans of up to 60 per cent of valuation subject to a

maximum of £1m, 61-70 per cent subject to a maximum of £400,000,

71-75 per cent subject to a maximum of £300,000.

Income multiples: Rental income must be at least 130 per cent of

monthly mortgage payment.

Arrangement fee: 0.5 per cent of loan.

Redemption fee: Six months&#39 interest on amount repaid in first five


Conditions: None.

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

Tel: 08707 590170.


Lygo to run mid-cap fund for First State

First State Investments is set to offer a new UK mid-cap fund in early 2002 run by head of UK equities Derek Lygo.The British mid-cap fund will invest 90 per cent in medium-sized companies, with holdings in between 60 and 80 stocks. Its benchmark will be the FTSE mid-250 index excluding investment trusts.Lygo will manage […]

Intelligent Finance grabs 9 per cent of mortgage market

Halifax’s telenet bank Intelligent Finance has secured 9 per cent of the UK net mortgage market in its first full year of business. IF’s market share has risen from 7 per cent in June and its new business growth is currently more than £750m per month but the bank says it does not expect to […]

Police warning on laundering law threat

The FSA&#39s lack of experience in investigating money-laundering crimes could result in prosecutions being thrown out of court, according to the head of the Metropolitan Police money laundering team.Detective Inspector Cliff Knuckey told the Pima conference that if the FSA stumbles across any primary money laundering offences he is concerned they may violate a suspect&#39s […]

Firm targets IFAs with self-build mortgage deal

Self-build specialist BuildStore is offering an intermediary mortgage product in a bid to help IFAs with clients looking to build their own home.BuildLoan allows up to 95 per cent of the land purchase price and costs of construction to be borrowed in advance to enable customers to build a new house without having to release […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm