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Pink Home Loans – Exclusive Fees Free Buy To Let Tracker – Remortgage Only

Thursday, 17 May 2001.



Type: Tracker rate buy-to-let mortgage for remortgages.

Tracker term: Term of loan.

Tracker rate: Bank of England base rate plus 1.25 per cent.

Minimum loan: £30,000.

Maximum loan: Up to 75 per cent of valuation subject to a maximum of £1m. Foreign nationals up to 65 per cent of valuation subject to a maximum of £1m.

Income multiples: Rental income must be at least 125 per cent of monthly mortgage payment.

Arrangement fee: None.

Redemption fee: Six months&#39 interest on amount repaid plus £500 in first three years.

Conditions: Legal fees paid if Woolwich solicitor used, free valuation.

Introducer&#39s fee: 0.3 per cent of loan.

Tel: 08707 590182.

 

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