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Abbey For Intermediaries – Newbuy 3-Year Fixed Rate

Abbey For Intermediaries – Newbuy 3-Year Fixed Rate

Type: Fixed-rate mortgage for the NewBuy scheme

Fixed term: Until July 2, 2015

Fixed rate: 5.49%

Minimum loan: £6,000

Maximum loan: Up to 95% of valuation subject to a maximum of £475,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% allowed without penalty in the fixed-rate period subject to a £500 minimum, free valuation, £250 cashback, available only to intermediaries nominated by Barratt Homes (David Wilson Homes and Ward Homes), Berkeley (St George, St James and St Edward, Bovis Homes. Persimmon (Charles Church and Westbury)

Arrangement fee: £99 booking fee

Redemption fee: 3% of the mortgage balance in the first three years, plus repayment of £250 cashback if mortgage repaid on or before June 2, 2014

Introducer’s fee: Refer to lender



Blacksquare increases volatility on defensive fund

Blacksquare has made several changes to its Acumen defensive portfolio, formerly the IFSL Blacksquare multi-manager absolute return fund, to produce higher returns with volatility closer to its maximum target of 4 per cent a year. The portfolio, which is up about 0.55 per cent in the year to date, had recently been trading with volatility […]

Ageas UK’s pre-tax profits surge to £22m in Q1

Ageas UK has seen its pre-tax profits surge 480 per cent from £3.8m in Q1, 2011 to £22m in the first quarter of this year. Ageas UK’s Q1 results, published today, show total inflows were up 11 per cent to £513m this year, compared to £462m in 2011. Ageas Protect reported a pre-tax loss of […]

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EEF/Jelf Employee Benefits Sickness Absence Survey 2015

EEF stated in its 2015 EEF Manifesto that the UK’s growth prospects depend on people being fit, working and productive. Keeping people in work and helping people return to work is very important for the manufacturing sector. It means boosting productivity by getting people back into work as early as is possible, as well as fostering workplace cultures and environments that proactively manage individuals’ health conditions so that all can benefit from lower sickness absence outcomes.


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