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Britannia Building Society announces 15 year fixed rate

Britannia Building Society is launching a 15 year fixed rate mortgage at a rate of 5.69 per cent for up to 75 per cent of property value.

Loans of 95 per cent loan to value are fixed at 5.89 per cent. A 10 year fixed rate option with the same rates is also available.

Britannia head of marketing Alan Long says: “We believe there is a real need in the marketplace for a longer term fixed rate. This will allow families to manage their finances and plan for the future with a greater degree of certainty”


Paul Bennet

Now that the final pieces of the Government&#39s long-term care jigsaw are being put into place, you will all be aware that elderly homeowners will continue to have to pick up a major part of their nursing-home costs. The Government recognises the role that long-term care insurance can play and aims to protect the consumer […]

Singer & Friedlander credit ratings increased

The financial ratings for Singer & Friedlander Group and its principal banking subsidiary, Singer & Friedlander Limited have been raised by Fitch IBCA, the independent rating specialists. The short and long term ratings for S&FG and S&FL have been increased to F1 and A from F2 and A- respectively. Fitch IBCA defines a bank rated […]

Earning curve

I am a director of a recently established family business. Although I am in my early 50s, I have not made any provision for my retirement. I only draw a minimal salary from the company, preferring instead to draw dividends. This is not a strategy I wish to change, principally because of the National Insurance […]

L&G launches group voluntary life assurance plan

Legal & General has launched a voluntary life assurance plan for groups allowing employees to purchase life assurance through their employer. The plan aims to secure members benefits on competitive group terms, while maintaining the flexibility of individual insurance. L&G believe the mechanisms that will need to be in place because of stakeholder will lead […]


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