View more on these topics

Pink Home Loans – Mortgage Trust MT Select 5.39% Fixed

Pink Home Loans

Mortgage Trust MT Select 5.39% Fixed

PINK HOME LOANS

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

Recommended

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.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment