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Colonial offers two base rate tracking mortgages

Colonial has launched two base rate tracker mortgages.

The first version is aimed at remortgages, while the second is designed for new purchases.

Version one offers borrowers a rate set at 0.9 per cent above the Bank of England. But this is discounted by 0.75 per cent for the first 12 months of the loan giving a current payable rate of 5.15 per cent.

Loans are available up to 75 per cent loan to value.

The rate on the second version is set at 1 per cent above the BoE&#39s base rate. Loans are available up to 95 per cent LTV.

It also offers a 0.75 per cent discount for the first year.


Senior civil servants concerned over Hewitt&#39s move

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Canada Life sales driven by IFAs

IFAs sales have soared in the first six months of the year according to Canada Life.Announcing its new business figures for the first half of the year, the life office says equivalent premium income is up 16.6 per cent on the same period last year to £65.3m from £56.2m.Sales through IFAs rose 29.8 per cent […]

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Britannic offers extra allocation on with profits bond

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State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]


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