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.”
