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Britannia follows base rate cut with 5.14% fixed deal

Britannia, the UK&#39s second-biggest building society, is offering a new

fixed-rate mortgage for first-time buyers and remortgages.

The loan is fixed at 5.14 per cent for two years up to 75 per cent loan to

value and at 5.34 per cent up to 95 per cent LTV.

After the fixed period, the loan reverts to Britannia&#39s variable rate,

which stands at 6.64 per cent following the Bank of England&#39s 0.25 per cent

base rate cut last week. Borrowers receive free unemployment cover for 12

months, free homebuyers&#39 cost protection insurance and an annual cash bonus

through Britannia&#39s loyalty bonus scheme, which has handed back more than

£200m to members over the past five years.

There is a £295 arrangement fee but no Mig charge for borrowers with

at least a 10 per cent deposit.

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European fund growth slows in 2000

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NU slashes bonuses as smoothing hits the rough

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Super-ethical fund for Islamic community

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Recording sickness absence cover - thumbnail

White paper — recording sickness absence

The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.

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