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Platform – Buy-to-Let Base Rate Tracker


Buy-to-Let – Base Rate Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Lifetime of loan

Tracker rate: 0.99% above Bank of England base rate

Payable rate: 5.74%

Minimum loan: 25,001

Maximum loan: Up to 85% of valuation subject to a maximum of 300,000, 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: 495

Redemption fee: 4% of amount repaid in first three years, thereafter 1% or one months notice

Introducers fee: 0.50% of original loan subject to 250 minimum and 3,500 maximum

Tel: 0845 070 1999


Plan of attack

Last week, I looked at the use of a discretionary trust as a tax-efficient means of passing on a half share of a property when the first of a married couple dies.

Japan 2017 Outlook: Abenomics 2.0

By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]


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