Clients are allowed up to 10 properties with a maximum total borrowing of £350,000 with Platform.
Buy-to-let investors can also save £150 off the application/ valuation fee on loans over £150,000.
The product is available to Pink Premier and Mortgage club customers, and offers a competitive broker commission of 1.75 per cent.
Key selling features
- 2.45 per cent discount for 1 year from completion
- 1.75 per cent broker commission
- £150 off the application/ valuation fee for loans over £150,000 (packaged submission only)
Product details
- Funded by: Pink Home Loans funded by Platform
- Product: Buy-to-let, adverse 2.45% discount for 12 months
- Rate: 6.05% (LIBOR plus 3.75% with 2.45% discount for 1 year)
- Max LTV: 75% LTV up to £350,000
- Early repayment charges: 6% of the amount repaid for 3 years
- Broker commission: 1.75%
- Arrangement fee: £395
- Other: Branded lending product- available to Pink Premier and Mortgage club members
- Contact: For more information visit www.pink.uk.net
