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Pink Home Loans three-year buy-to-let fixed

Pink Home Loans three-year buy-to-let fixed

Type: Three-year buy-to-let fixed

Fixed term: Until January 1 2005

Tracker rate: Bank base rate plus 1.98%

Payable rate: 5.47%

Minimum loan: £25,001

Maximum loan: £500,000

Income multiples: Rent to exceed 125% of the mortgage payment

Arrangement fee: 1%

Redemption fee: 5% of amount repaid for three years

Conditions: Funded through Verso

Introducer’s fee: 0.25% commission



76% see no opportunity for entrants in proposals

Few IFAs believe the regulator&#39s proposals for polarisation will encourage new blood into the business and open up the market to new entrants.These are two of the FSA&#39s stated objectives of its review of the polarisation regime.Findings from George Street show that 76 per cent of IFAs are not willing to look at the creation […]

IFA strategy for Baillie Gifford

Baillie Gifford is aiming to become a major IFA player with a new distribution strategy focusing on the European, UK and US markets.The firm says the objective of its new “core sector strategy” is to be regarded as a leading fund manager in the mainstream market by IFAs within three to five years.It says it […]

&#39Consumer education beats rules&#39

Consumer education will accomplish more than any rules or regulations will in terms of consumer protection according to FSA chairman Howard Davies in a speech this week. Speaking at the regulator&#39s third annual education conference in London, Davies said educating today&#39s youth and promoting financial literacy among adults are the keys moving forward. Davies said: […]

Losses hit £272m at ZFS

Zurich Financial Services UK parent Zurich Financial Services Group has posted a £272m net loss for last year and pledged to cut dividends by more than 50 per cent. ZFS, which issued a profits warning in December, says the events of September 11 and increased charges for exposure such as asbestos are to blame for […]


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