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Chelsea Building Society – 2 Year Fixed Rate Bond (9th Issue)

Tuesday, 26 June 2001.

Type: High interest account.

Minimum-maximum investment: £1,000-£500,000.

Interest rates: 6 per cent gross a year, 5.84 per cent gross a month.

Term: Until November 1, 2003.

Offer period: Until further notice.

Withdrawal penalties: 60 days&#39 loss of interest on amount withdrawn until November 2, 2003.

Tel: 08702 404808.


Lambeth looks to three-year discount

Lambeth Building Society is going for the discount market with the introduction of the three-year discount mortgage.The mortgage has a two per cent discount for the first three years of the loan, giving it a payable rate of 4.99 per cent for loans of up to 95 per cent of valuation.The mortgage also has a […]

Consumers can put their faith in Yodlee service

I write in response to the article in Money Marketing headlined,Aggregation deals on hold after a scrape with the law. Indeed, the FSA recently warned that aggregation falls outside its remitand has urged banks to check legal and security issues thoroughly beforethey partner with an aggregation organisation to offer such a service totheir customers. As […]

The Mortgage Operation – Total Cover Plan

Thursday, 28 June 2001.Type: Mortgage protection product including decreasing term assurance, accident, sickness and unemployment cover and critical illness cover.TERM ASSURANCEType: Decreasing term assurance.Minimum sum assured/premium: £1,000/£8 a month.Minimum-maximum term: Five years – 45 years.Charges: None.ASU MORTGAGE PROTECTION PLANSMaximum benefit: 8 per cent of mortgage.Benefit payment term: Accident and sickness five years, unemployment 12 months.Deferred […]

Police Mutual appoints chief executive

Police Mutual Assurance Society, one of the UK&#39s largest friendly societies with assets over £1bn, is appointing Graham Berville as chief executive, to succeed Peter Sharpe.Berville joins Police Mutual from CGNU where he was a director in the UK life operation. Berville was previously with the Automobile Association in a variety of roles in their […]


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