View more on these topics

Platform Home Loans – Buy To Let Three Year Tracker

Platform Home Loans

Buy To Let Three Year Tracker

Type: Buy-to-let tracker mortgage

Tracker term: Three years

Tracker rate: 0.28% above Bank of England base rate

Payable rate: 4.78%

Minimum loan: 25,001

Maximum loan: Up to 85% of valuation subject to a maximum of 500,000, up to 75% of valuation subject to a maximum of 1m

Income multiples: Rental income must be at least 125% of mortgage repayments

Conditions: Up to 25 properties allowed within total maximum of 3m
Arrangement fee: 1.5% of original loan

Redemption fee: 5% of the amount repaid in the first three years

Introducers fee; 0.5% of original loan subject to a 250 minimum and? 5,000 maximum

Tel: 0845 070 1999

Recommended

Pensions still face perils

With a White Paper on pensions to be issued this week, the Government is probably congratulating itself.

Gartmore MBO announcement imminent

Gartmore is likely to announce the terms of the private equity-backed management buy out of the investment house “either later today or early tomorrow morning” according to a company spokesman.US group Hellman & Friedman are currently finalising the legal details of the agreement which will be expected to lock in a number of the company’s […]

Broker highlights overseas mortgage market problems

Brokers and lenders have come in for criticism for profiteering and failing to give proper advice on overseas mortgage applications. Overseas specialist broker Conti Financial Services managing director Simon Conn says some providers are guilty of serious abuses by advising consumers to remortgage and use the cash to buy abroad rather than take out a […]

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