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UCB aids advisers with free guide to buy to let

Nationwide specialist lending arm UCB Home Loans is offering a free guide

to buy-to-let borrowing.

The guide has been designed to help intermediaries explain to clients the

benefits and pitfalls of becoming a landlord and covers issues including

tax, tenancy agreements and financing.

UCB is offering the guide after independent research by the University of

York showed private landlords got gross returns of 8.3 per cent in the

third quarter of last year in addition to the general increase in the value

of the property.

UCB managing director Charles Reed says: “We have launched this guide to

help people through the buy-to-let process and inform them of what is

involved.

“More and more people are entering this market and we hope to ensure they

get the most out of investing in property.”

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Tuesday, 26 June 2001.Type: High interest account.Minimum-maximum investment: £1,000-£500,000.Interest rates: 6 per cent gross a year, 5.84 per cent gross a month. Term: Until November 1, 2003.Offer period: Until further notice.Withdrawal penalties: 60 days&#39 loss of interest on amount withdrawn until November 2, 2003.Tel: 08702 404808.

Zurich in U-turn on gay cover

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State of the markets: global growth

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