View more on these topics

Platform – Buy-To-Let Cashback Two-Year Tracker

Platform – Buy-To-Let Cashback Two-Year Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Two years

Tracker rate: 3.59% above the Bank of England base rate

Payable rate: 4.09%

Minimum loan: £25,001

Maximum loan: Up to 70% of valuation subject to a maximum of £350,000 or £300,000 for new build properties

Income multiples: Rental income must be at least 125% of the mortgage repayments based on the higher of the pay rate or reversionary rate

Conditions: Available through selected intermediaries, free valuation, free standard legal fees for remortgages, 1% cashback subject to a £2,000 maximum, not available for properties in Northern Ireland, up to three properties allowed within a total maximum of £1m

Arrangement fee: £1,950 plus £89 admin fee

Redemption fee: 2% of the amount repaid in year one, 1% in year two

Introducer’s fee:  0.45% of the original loan subject to a £1,575 maximum

Tel: 0845 070 1999



Tom Baigrie: We must stop the protection rot

My late father’s favourite quote when I was young was: “All that is needed for evil to triumph is that good men do nothing”. I grew up in apartheid South Africa, so the evil he was talking about was vast and hideous but Edmund Burke’s words also apply to relatively trivial evils, like those that […]

Investec to publicly place £204m in RMBS

Kensington Mortgages’ parent company Investec is looking to publicly place all of its £204m residential mortgage-backed securitisation, Money Marketing understands. RMBS activity has increased significantly over the past year but experts say issuers are retaining large chunks of the transactions, which means less capital is created for mortgage funding. Before the 2008 crisis, originators would […]

The search for the grail

Simon Shaw, a tax specialist at Matthew Arnold & Baldwin, says the Mirrlees review has set out plans for a good and fair tax system but wonders how much will be implemented The Mirrlees review was a mammoth endeavour undertaken over five years by a panel of eminent economists and tax experts. It covered the […]


Labour MPs Pearce and McFadden appointed to TSC

Labour MP’s Pat McFadden and Teresa Pearce have been appointed to the Treasury select committee. The pair were given the nod for the role in the House of Commons last night. They replace Labour MPs John Cryer and Tom Blenkinsop. Before becoming MP for Erith and Thamesmead in May 2010 Pearce worked at the Inland […]


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