View more on these topics

Platform – 4- Year Fixed 5.49% Buy-To-Let

Platform – 4-Year Fixed 5.49% Buy-To-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until October 31, 2014

Fixed rate: 5.49%

Minimum loan: £25,001

Maximum loan: Up to 60% of valuation subject to a maximum of £500,000

Income multiples: Rental income must be at least 125% of the mortgage repayments calculated at the pay rate

Conditions: Overpayments of up to £1,000 per month allowed without penalty in the fixed-rate period, free legal fees for remortgages, not available for properties in Northern Ireland, up to three properties allowed within a total maximum of £1m, £30 admin fee if buildings insurance is not arranged through Legal & General, available to selected distribution partners

Arrangement fee: £1,995 plus £140 admin fee

Redemption fee: 4% of the amount repaid in the first two years 3% in year three, 2% in year four

Introducer’s fee: 0.45% subject to a £2,250 maximum

Tel: 0845 070 1999



Govt to scrap the pre-Budget report

The Government is to scrap the pre-Budget report and replace it with a slimmed down Autumn statement, according to the Financial Times. It was suggested in July that the Treasury was looking at dropping the PBR, which was introduced by Gordon Brown in 1997 with the stated aim of making the Treasury more transparent. The […]

Arrest in FSA insider dealing investigation

A 64-year-old man was arrested yesterday by the City of London Police Economic Crime Directorate on suspicion of money laundering and providing false information in connection with suspected insider dealing. The arrest was related to an FSA ongoing investigation into insider dealing. In May last year five men and one woman were also arrested as […]


Out of Context

“If anybody’s phone goes off, they will be subject to the Aifa fine, which will directly contribute to the director-general’s leaving fund.”Chris Cummings lays down the law at the launch of Aifa’s platform due diligence guide. “Choosing a platform on the basis of a tool is like buying a 747 because you quite like the […]

Function malfunction

Am I the only broker appalled at the lack of useful functionality on the Fidelity FundsNetworks website? At first glance, its fund evaluator looks like a really valuable tool – until you want to retain its ouput as evidence of fund research, that is.You cannot export the results to Excel. You cannot print the page. […]

Rayner Spencer Mills: Why we rate the Artemis US Select Fund

Ken Rayner and Graham O¹Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio The Artemis US Select Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm