View more on these topics

Cheltenham & Gloucester fix for three, five and seven years

Cheltenham & Gloucester


FIXED RATE MORTGAGES


Fixed terms: Three year – until December 28, 2001. Five and seven year – until December 30, 2003 and 2005.


Fixed rates: Loans up to 90 per cent of valuation – 6.59 per cent, 6.49 per cent and 6.49 per cent respectively. Loans up to 95 per cent of valuation – 6.79 per cent, 6.69 per cent and 6.69 per cent respectively.


Minimum loan: £1,000.


Maximum loan: Up to 95 per cent of valuation subject to a maximum of £200,000, loans up to 80 per cent of valuation – no maximum.


Income multiples: Three times principal income plus second or 2.5 times joint.


Arrangement fee: £299.


Redemption fee: Three year – 3 per cent in year one decreasing to 1 per cent in year three, five year – 5 per cent in year one decreasing to 1 per cent in year five, seven year – 7 per cent in year one decreasing to 1 per cent in year seven.


Conditions: None.


Introducer&#39s fee: None, but until January 29, 1999 – 1,000 free air miles will be given for each mortgage of £25,000 plus, where loan is less than 90 per cent of valuation.


Tel: 0800 272131.

Recommended

Henderson moves to preserve income trust dividend

Henderson Investors is to use its revenue reserves to maintain its dividend from its Far East Income Trust at 6.8p per share until August 1999.The fund manager says that it should be able to maintain this dividend for at least a year and possibly two, despite the turmoil in Asian markets.The group&#39s retained revenue reserves […]

Staffordshire strikes cashback blow for mutuals

The Staffordshire Building Society is offering a new five per cent cashback mortgage this month which it says is blow for mutuals against plcs.The cashback is available on advances of 90 per cent for both purchase and remortgage and has no application or arrangement fee.Staffordshire&#39s standard variable rate is 8.5 per cent almost half a […]

Lambeth B.S caps to January 2001

Lambeth Building SocietyCAPPED RATE MORTGAGECapped term: Until January 1, 2001. Capped rate: 7.75 per cent.Payable rate: 6.55 per cent.Minimum loan: £25,001.Maximum loan: Up to 75 per cent of valuation subject to a maximum of £350,000.Income multiples: Three times principal income plus second or 2.5 times joint. Arrangement fee: £295 or 0.3 per cent of loan […]

Lambeth offers two new fixed rates

Lambeth Building SocietyFIXED RATE MORTGAGESFixed terms: Until August 1, 2001 or December 1, 2002.Fixed rates: Loans up to 75 per cent of valuation – 5.85 per cent or 6.44 per cent respectively. Loans up to 95 per cent of valuation – 6.25 per cent or 6.64 per cent. Minimum loan: £25,001.Maximum loan: Up to 75 […]

2016 Global Survey of Individual Investors: How is investor behaviour rewriting the job description for financial professionals?

Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment