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Barclays launches range of fixed rates

Barclays Mortgages is introducing a three-year fixed-mortgage at 7.19 per cent that can be transferred for further three-year period.

It also launching a three-year capped-rate mortgage at 7.19 per cent, a two-year mortgage fixed at 6.59 per cent and a three-year mortgage fixed at 6.79 per cent.

The lender says that none of its fixed-rate mortgages have extended early repayment interest and all customers are offered further rates at the end of their fixed-term.


C&G cuts rates

Cheltenham & Gloucester says it is trying to ease consumer fears about recession by dropping its variable mortgage base rate to 8.2 per cent.Following the Bank of England&#39s base rate decrease last week C&G&#39s new rate will be effective from November 10 for new applicants and December 1 for established borrowers.Managing director Roger Burden says: […]

Royal & SunAlliance stresses that fine cases predate merger

Royal & Sun Alliance Life & Pensions is stressing that its £225,000 fine by the PIA relates to pre-merger activity dating before 1996.This was prior to the creation of a joint marketing operation for Sun Alliance and Royal Life.The life office says that it was set an original date of July 31 1997 to complete […]


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