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Sun Bank buy-to-let discount – 4.34%

Type: Buy-to-let discount

Discounted term: To 1 July 2003

Discounted rate: 4.34 per cent

Underlying rate: 5.84 per cent

Minimum loan to value: 75 per cent

Minimum loan: £25,001

Maximum loan: £500,000

Rental income: Must be at least 130 per cent of monthly mortgage payment.

Arrangement fee: £395 up to five properties, 1 per cent thereafter

Redemption fee: Five per cent of advance in first five years.

Introducer’s fee: None

Tel: 0845 6010763

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Teather & Greenwood – Childcare Corporation 5

Thursday, March 7, 2002Type: Enterprise investment schemeAim: Growth by investing in children’s nurseriesMinimum investment: Lump sum £2,000Opening/closing date: March 1, 2002/April 5, 2002 for 2001/2002 taxyear, May 31, 2002 for 2002/2003 tax yearCharges: Initial 6.5%, annual up to 3.75%Commission: Initial 2.5%Tel: 020 7426 3204

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Gartmore has appointed its head of Pacific & Emerging Markets, Philip Ehrmann, as the lead manager on its Pacific Growth and Capital Strategy Asia Pacific funds.Ehrmann, who joined Gartmore in 1995, has more than 15 years experience in retail fund management.The group has also recruited Peter Dalgliesh as its Pacific & Emerging Markets Portfolio Constructor. […]

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