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Leeds unveils three-year B2L deal at 4.99%

Leeds has launched a three-year buy-to-let discount mortgage. The product, currently 4.99%, is available up to 80% LTV and has no higher lending charge.

Jeff Kirk, corporate relationship manager at Leeds, says: “We have looked at our product range carefully and delivered a market leading buy-to-let discount. There is no higher lending charge and 10% capital repayments are allowed each year without penalty. The rate is competitive and we have also designed a fee-free version. The fee-free option offers a free valuation up to 335 and free inhouse legal service for remortgages, as well as no higher lending charge.

“We believe these products will be popular with clients. They are ideal for first-time landlords as well as professionals who may be wanting to move their portfolio onto a discount rate product.”


Kensington offers marketing advice

Kensington has launched a marketing toolkit for brokers. The simple guide is designed to help intermediaries promote themselves while adhering to rules down by the Financial Services Authority. The toolkit is split into three sections. The first deals with compliance, outlining the most important rules and regulations in relation to advertising and marketing as set […]

Most brokers disillusioned with regulation

Most brokers are disillusioned with mortgage regulation and many are cautious about using some of the newer lenders, says Henry Samuels Marketing Services. These findings come from the Mortgage Intermediaries – One Year After Regulation report, based on research conducted among intermediaries about their experiences since Mortgage Day. The report found that most intermediaries are […]

FSA recommends no change to FSCS and FOS compensation limits

The Financial Services Authority has published the findings of its review of the compensation and eligibility limits for the Financial Services Compensation Scheme and for the compulsory jurisdiction of the Financial Ombudsman Service.In a consultation paper published today, the FSA is recommending no change to the existing limits. The key findings of the review were […]

Our pro-consumer stance works well for IFA members

From Karen Barrett I read with some concern the letter from Michael Norwood (Mortgage Strategy December 5) in which he criticises IFAP’s definition of an IFA, claiming companies like his are being left out in the cold by not fitting our membership criteria. I’m pleased he recognises IFAP’s successful and cost-effective efforts to promote the […]

China: growth defence or another debt-fuelled boom?

By Douglas Turnbull, Head of Chinese Equities at Neptune Following recent stimulus efforts from Beijing, Neptune’s Douglas Turnbull examines how the government’s long-term reform agenda can be balanced with supporting growth and addressing structural challenges, and the investment opportunities arising from this.Click here to read more Important information: Investment Risks Neptune funds may have a […]


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