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Pink Home Loans – Mortgage Trust MT Select 5.39% Fixed

Pink Home Loans

Mortgage Trust MT Select 5.39% Fixed


Mortgage Trust MT Select 5.39% Fixed

Type: Fixed rate buy-to-let mortgage

Fixed term: Until April 30, 2007

Fixed rate: 5.39%

Minimum loan: 30,000

Maximum loan: Up to 85% of valuation subject to a maximum of 350,000, up to 75% of valuation subject to a maximum of 500,000

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

Arrangement fee: 499

Redemption fee: 6% of original loan until April 30, 2007

Introducers fee: 0.5% of original loan

Tel: 08707 590170


Half-baked plans – Tony Wickenden

Every week sees articles in the financial press on the importance of property to the tax well that Chancellor Gordon Brown can draw from. Recently, I have read of the substantial increase in tax yielded from stamp duty and even of the possibility of year-on-year tax on development land to encourage owners to free it up for building.

Mortgage edge: Peter Beaumont

Last week’s headline, Lenders to be named and shamed by BM, caused a few raised eyebrows in the industry, not because of the nature of BM Solutions’ latest initiative but because of an overwhelming sense of deja vu.


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