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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
Pink offers exclusive B&W buy to let
Customers of Pink Home Loans are being offered a new exclusive buy to let product funded by Bristol & West Mortgages.
The rate is fixed at 6.75 per cent for five years with no redemption overhang. Neil Hoare, Pink’s Associate Director of Marketing and IT said: “We are pleased that Bristol & West Mortgages are supporting us and our customers with this great product. It offers landlords many benefits including free valuation and legal fees for remortgages and a free standard valuation for purchases. It also boasts a rental calculation of 100 per cent based on the fixed rate and also accepts student lets – a maximum of four on one Assured Shorthold Tenancy, and Department of Works and Pension tenants.”
Mark Howell, head of marketing at Bristol & West Mortgages, commented: “We're delighted to be working with Pink to offer this competitive remortgage product with free valuation and legal fees that is ideal for those landlords coming off short-term promotional products.”
