View more on these topics

Alliance & Leicester brings Energy to the mortgage market

Alliance & Leicester


FREE ENERGY MORTGAGE


Type: Discounted rate mortgage offering free gas and electricity through London Electricity for three years.


Discounted term: Three years.


Discounted rate: 1 per cent.


Payable rate: 7.95 per cent.


Minimum loan: £50,000.


Maximum loan: Up to 95 per cent of valuation.


Income multiples: First time buyers – 3.25 times principal income plus second or 2.75 times joint. Other borrowers – for loans up to 75 per cent of valuation – 3.75 times principal income plus second or three times joint, 75 to 95 per cent of valuation – 3.3 times principal income plus second or 2.75 times joint.


Arrangement fee: None.


Redemption fee: Six months&#39 gross interest for first three years.


Conditions: None.


Introducer&#39s fee: None.


Tel: 0845 303 3000.


Recommended

Skipton discounts for first time buyers for two years

Skipton Building SocietyFIRST TIME BUYER MORTGAGEDiscounted term: Two years.Discounted rate: 1 per cent. Payable rate: 7.8 per cent.Minimum loan: £5,000.Maximum loan: Up to 95 per cent of valuation.Income multiples: 3.25 times principal income plus second or 2.5 times joint.Arrangement fee: Nil.Cashback: £250.Redemption fee: 5 per cent in first five years.Conditions: Two compulsory insurance from choice […]

Norwich Union updates its bond range

Norwich UnionINVESTMENT BONDSType: Applicable to FlexiBond, Bicentenary Bond and Managed Portfolio.Allocation rates: Increased rates for FlexiBond and Managed Portfolio. FlexiBond – investments of £5,000 to £14,999 – 100 per cent, £15,000 to £24,999 – 101.5 per cent, £25,000 to £49,999 – 102.75 per cent and £50,000 plus – 103 per cent. Managed Portfolio – investments […]

Kensington Mortgage Company giving away free ASU

SPECIAL OFFERKensington Mortgage CompanyACCIDENT SICKNESS & UNEMPLOYMENT COVERType: Free accident, sickness and unemployment insurance for new borrowers for first nine months of loan applicable to all loans.Offer period: Ongoing.Tel: 0800 111020.

Autif castigates the Government on CAT standards

The Government&#39s Cat standard is &#34breathtakingly irresponsible&#34 according to the Association of Unit Trusts and Investment Funds.The industry body believes that the policy is an irresponsible act which cynically puts the savings of the most needy in society at risk.Autif director of communications Anne McMeehan says: &#34The Government knows that no risk warning or advertising […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment