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Pink targets landlords with new mortgage product

Pink Home Loans has announced a new mortgage product with current account facilities aimed at landlords.

In conjunction with First Active Financial, Pink are offering first-time or existing landlords home loans capped at 6.99 percent for the first year, reverting to LIBOR plus 1.5 percent after 12 months for full status applicants only.

Pink’s sales and marketing director, David Copland, says: ” These flexible loans are ideal for new landlords who may want to buy their first investment property, or for experienced landlords looking to build a large portfolio.”

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