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Pink launches fixed buy-to-let product with MEX

Pink Home Loans has launched an exclusive fixed rate buy-to-let mortgage in association with Mortgage Express.

The product offers an initial pay rate of 5.89% fixed until September 3 2007.

The product offers flexible features including overpayments, underpayments and drawdown facilities.

Buy-to-let investors can also save £150 off the application/ valuation fee on loans over £150,000 if submitted via the packaged route.


Inter-Alliance signs five major mortgage clubs

Inter-Alliance says it has taken another step towards achieving an all-of-market lender proposition by agreeing terms with five major mortgage clubs. The clubs include Mortgage 2000, Pink, TMA, Legal & General and Source. Inter-Alliance says the inclusion of these mortgage clubs is seen as an effective means of securing the best terms for those conducting […]

Savills not surprised by base rate rise

Following todays Bank of England Monetary Policy Committee announcement of a base rate rise of 0.25%, Savills Private Finance says the rise has come as no surprise as the Bank has become increasingly worried about high levels of consumer debt. Savills says the increase has also opened up the debate as to whether borrowers should […]

Optoma Broker Solutions appoints Platform to mortgage club panel

Optoma Broker Solutions has appointed Platform Homeloans to its mortgage club panel. Optoma has been packaging for Platform for the last 18 months and will continue with this arrangement. It says since 2003, business has increased 230% with Platform. Andrew Seymour, chairman and chief executive at Optoma, says: “We are thrilled that we can now […]

Bananas Inc joins up with SPML to launch discounted light adverse deal

Branded lender and packager Bananas Inc has joined forces with Southern Pacific Mortgage Limited to launch a discounted light adverse mortgage targeting those with moderate credit history problems. The semi-exclusive self-certification tracker product is at LIBOR plus 2.5% with a discount of 1.5% until September 2005, giving an initial interest rate of 5.65%. The product allows […]


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