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Two new buy to let products from Pink

Pink Home Loans is adding two new products to its buy to let range.

Pink is offering a 1.23 per cent discount for three years off an underlying rate of bank base rate plus 1.98 per cent, giving an initial rate of 4.75 per cent, with an arrangement fee of £395.

An initial rate of 5.47 per cent fixed until May 2005 is also available, with an arrangement fee of 1 per cent.

Both products are for loans from £25,001 to £500,000 and are available for loan up to 85 per cent loan to value. Broker commission is 0.25 per cent.

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