View more on these topics

Coventry Building Society – First Time Buyer 1.69% Discount

Discounted-rate mortgage

Discounted term:
Until May 31, 2007


Payable rate:

Minimum loan:

Maximum loan:
Up to 90% of valuation subject to a maximum of £200,000

Income multiples:
Up to 3.75 times principal income plus second
or three times joint

Capital repayments of up to 5% a year allowed without penalty

Arrangement fee:
Redemption fee:
2% of mortgage balance until May 31, 2007

Introducer&#39s fee:
Subject to negotiation

Tel: 0845 776 7825


Selestia chief says IFAs have no duty to sell WP

Selestia managing director Brett Williams has hit out at Prudential UK chief executive Mark Wood&#39s stance on with-profits, saying his comments stem from a vested interest. Wood criticised Hargreaves Lansdown at a Money Marketing round table on with-profits last month, saying its decision not to offer with-profits bonds was a “dereliction of duty”. But Williams […]

Folkard warning of Govt pressure on pension IFAs

UK consumers could face a wave of misselling from foreign financial services providers right under the FSA&#39s nose, a member of the Financial Services Practitioner&#39s Panel has warned. IFA Thomson&#39s Group chief executive and panel member Douglas Gardner says the implementation of the Investment Services Directive in January will allow firms from other EU countries […]

Hit and myth

There have been criticisms of equity-release schemes in the media, including Which? magazine, and this article is intended to respond to those criticisms and to dispel some of the widely held myths about equity release. First, there are two types of equity release. The first is where you sell your property or part of it. […]

Correspondent&#39s week

As your latest fix of Correspondent&#39s Week is being filed from the Cotswolds, it seems appropriate that it should be accompanied by a quick blast of the theme tune from The Archers. “Tum-tee, tum-tee, tum-tee, tum,Tum-tee, tum-tee, tum-tum…”Sunday can be a slow day in this neck of the woods. Fortunately, I remember that Alan Bannister, […]

A DGT with 100% access and 100% discount?

Clare Moffat, Technical Manager, looks at the benefits of pensions from an IHT perspective. 100% access and 100% discount – what type of wrapper could this be? A pension! Post flexibility there is 100% access (for those over 55) and normally pensions are inheritance tax (IHT) free. With flexibility the options available on death mean […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm