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Britannic Money extends range of flexible loans

Britannic Money is adding two new fixed-rate deals to its range of flexible loans.

The lender claims the rates offers the perfect tonic to borrowers concerned about potential rises in interest rates.

Borrowers can fix for either two or three years at 4.49 per cent and 4.99 per cent respectively. Both loans are available up to 95 per cent loan to value and offer full flexibility including under or overpayments, payment holidays and no extended early redemption penalties.

Loans also feature daily interest calculations, free mortgage payment protection insurance for the first six months as well as a current account mortgage option.

There is a non-refundable booking fee of £299 payable on application and an early redemption penalty of 2 per cent if the loan is redeemed during the fixed-rate period.

Business development director Bob Perks says: “Our mortgages offer borrowers a winning combination – great fixed rates and full flexibility. With continued concerns about rising costs, these mortgages provide the perfect answer for any borrower looking for more financial security.”


Treasury say &#39Yes&#39 to stakeholder products

The Treasury officially today announced it plans to push forward with the Sandler review&#39s recommendation of a suite of simple products aimed at closing the savings gap.At a conference in London attended by approximately 120 delegates from the industry, Treasury Financial Secretary Ruth Kelly said the Government is impressed with the depth of the Sandler […]

Wesleyan – Wesleyan Guaranteed Equity Bond

Friday, 11 October 2002 Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £1,000-£1m Term: Six years Guarantee: Capital returned in full regardless of the performance of the index Return: Up to 60% growth Interest rate: 4% gross Commission: None Tel: 0121 200 3003

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Bristol & West launches new core mortgage range

Bristol & West has launched a new core range of mortgages including fixed rates, tracker rates, buy-to-let and remortgage products. It has a five year fixed rate at 5.75 per cent and a loan to value of 85 per cent which it says is specifically aimed a remortgagers looking for a better deal. There is […]


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