View more on these topics

Chelsea Building Society – Helping Hand 2 Year Tracker Mortgage

Chelsea Building Society

Helping Hand 2 Year Tracker Mortgage

Type: Tracker mortgage for first time buyers

Tracker term: Two years

Tracker rate: 0.15% above the Bank of England base rate

Payable rate: 4.9%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuations subject to a maximum of £500,000

Income multiples: Based on affordability and amount borrowed, with up to three incomes considered

Arrangement fee: £595

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Subject to negotiation

Tel: 08456 070708


Advisers say Asps are the best incentive

Advisers believe that scrapping alternatively secured pensions would further undermine consumer confidence and remove the most innovative development in pensions in the last 50 years. Skandia recently asked advisers to email the firm with their views on Asps. It has had a wide range of opinions which show the depth of feeling in the IFA […]

Matrix – Max Closed End Share Securities Note

Type: Fund of hedge fundsAim: Growth by investing in a portfolio of hedge fundsMinimum investment: Lump sum £50,000Investment split: 100% in hedge fundsPlace of registration: BermudaClosing date: September 26, 2006Charges: Initial up to 4%, annual 1.75%, 5% performance feeCommission: Initial up to 3%, renewal 0.5%Tel: 020 7925 3377

Testing the Foundation

The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes


News and expert analysis straight to your inbox

Sign up


    Leave a comment