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Chelsea launches new mortgage

Chelsea has launched a new 5-year fixed rate mortgage.

The mortgage which is available for loans of between £25,000 and £1m, is fixed at 5.19 per cent until March 2008 and has a typical APR of 5.7 per cent variable.

Direct customers who are moving their mortgage, but not their home, pay no legal fees, while customers that are moving home will receive £200 towards their fees.


Fair exchange

Exchange-traded funds are a recent phenomenon in the UK and Europe – for retail and institutional investors.Put simply, ETFs are funds traded on a liquid stock exchange like a share. They can be bought and sold like any other shares listed on a stock exchange but provide instant exposure to many companies. They combine the […]

Fears that FSA filter puts public at risk

Mortgage experts are warning that the FSA&#39s proposal to introduce filtered questions which are not categorised as advice as part of its regime for the regulation of mortgage advice will put consumers at risk and could lead to misbuying.With the deadline for responses to CP146, The FSA&#39s Approach to Regulating Mortgage Sales, set for November […]

Horlick gives up her fund role to run SG business

SG Asset Management&#39s high-profile fund manager and chief executive Nicola Horlick is relinquishing her role as joint chief investment officer to concentrate on running the business.Horlick, who is also giving up the management of SG&#39s income fund to her assistant Adrian Gosden, will hand the CIO role to John Richards, who is quitting as lead […]

DWS finds opportunities in the UK

DEUTSCHE ASSET MANAGEMENT DWS UK OPPORTUNITIES FUND Type: Oeic Aim: Growth by investing in UK equities Minimum investment: Lump sum £1,000, monthly £25 Investment split: 100% in UK equities Isa link: Yes Pep transfers: Yes Charges: Initial 4.25%, annual 1.5% Commission: Initial up to 3% Tel: 0800 917 0005 The panel: David Flowers, director, Ronald […]


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