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BuildLoan – Skipton Three Year Base Rate Tracker


Skipton Three Year Base Rate Tracker

Type: Tracker mortgage for self-build, renovations, conversions and home improvement

Tracker term: Three years

Tracker rate: 1.25% above the Bank of England base rate

Payable rate: 6.5%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuation for land costs and 95% of valuation for build costs within final maximum of 95% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Arrangement fee: £295 plus £599 completion fee

Redemption fee: Interest paid until the end of the month

Introducer’s fee: Refer to BuildLoan

Tel: 0870 870 9499


Northern Rock to halve asset base by 2011

Northern Rock is to cut its asset base by around a half by 2011, it has been revealed today.It says it will maintain a modest level of new loan origination.The new board of Northern Rock has propossed to also cut staffing levels by around a third by 2011, although it says the final figure will […]

Pos Sol push on single parent advice

Positive Solutions is planning to deliver financial services to single parents in an exclusive partnership with consumer websites OnlyDads and OnlyMums.The websites offer support to the 3m single parents in the UK who juggle the pressures of work, home and school life. Many people become lone parents with no warning, leaving them financially vulnerable. Wherever […]

King and Platt plan online protection brokerage

Former Torquil Clark Life Insurance directors Jason King and Simon Platt are looking to launch an online protection brokerage by the end of the summer.The pair left Torquil Clark in August last year, two years after it acquired Life Policies Direct, which they founded in 1999.The online brokerage will provide advice and quotations as well […]

Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.


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