View more on these topics

Platform – 4- Year Fixed 6.09% Buy-To-Let

Platform – 4- Year Fixed 6.09% Buy-To-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until October 31, 2014

Fixed rate: 6.09%

Minimum loan: £25,001

Maximum loan: Up to 70% 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

Recommended

Greater choice from Investec’s income deposit plan

Investec Structured Products has introduced a FTSE 100 linked deposit plan that provide a choice between a rising annual or monthly income and a fixed annual or monthly income paid over five years, depending on index performance.

Rathbone takes its highest weightings in alternatives

Rathbone Unit Trust Management’s multi-asset portfolios have their highest weightings in alternative investment strategies since launch in 2007. The Rathbone total return portfolio has 40 per cent invested in alternatives while the Rathbone strategic growth portfolio has 30 per cent. The multi-asset team says markets are becoming increasingly volatile but this is not the reason […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com