View more on these topics

Chelsea Building Society – Two-Year Fixed Rate Mortgage – Direct

Chelsea Building Society – Two-Year Fixed Rate Mortgage – Direct

Type: Fixed-rate mortgage

Fixed term: Until March 31, 2014

Fixed rate: 3.44%

Minimum loan: £75,000

Maximum loan: Up to 85% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period

Arrangement fee: £1,700 completion fee plus £195 booking fee

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

Introducer’s fee: None

Contact: www.thechelsea.co.uk/mortgages/

Recommended

12

New draft HMRC guidance suggests advice process will be VAT-exempt

A revised draft version of HM Revenue & Customs’ RDR guidance on VAT liability suggests the entire advice process will be exempt from VAT for most advisers. Draft guidance in October suggested advice becomes VAT-exempt where the client agrees to go ahead with a product sale. But revised guidance sent to industry stakeholders this week, […]

At-retirement demand booms

The demand for at-retirement advice outweighs the number of advisers providing it, according to Ernst & Young director Malcolm Kerr. At the Tenet annual conference in Windsor last week, Kerr said there is “a wall of money” coming into the at-retirement sector. He said: “The demand for at-retirement advice is increasing exponentially and there is […]

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Leave a comment