New loans from Pink

The packager has added to its range of buy-to-let products with two new exclusives funded by Verso.

One is a base rate tracker with an initial pay rate of 4.75 per cent and the other is a fixed rate of 5.47 per cent.

The 4.75 per cent base rate tracker is based on a 1.23 per cent discount for three years, and the 5.47 per cent product is fixed until 1 January 2005.

David Copland, sales and marketing director at Pink Home Loans, said: "We have teamed up with Verso to offer two new exclusive products designed for those investing in property who want to take advantage of competitive rates."

Other new products from Pink include a self-cert stepped discount funded by Birmingham Midshires Solutions, with an initial rate of 3.99 per cent.

A discount of 1.76 per cent applies in year one with a 0.76 per cent discount in year two.

A minimum of 12 months trading for the self-employed and a minimum of 12 months continuous employment for the employed are required, but no checks are made.