View more on these topics

Coventry Intermediaries – 3.6% Fixed rate to 30.6.14

Coventry Intermediaries – 3.6% Fixed rate to 30.6.14

Type: Fixed-rate mortgage

Fixed term: Until June 30, 2014

Fixed rate: 3.6%

Minimum loan: £1,000

Maximum loan: Up to 65% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 5% a year allowed without penalty in the fixed-rate period, one free valuation up to £670, free remortgage transfer service

Flexible features: Overpayments, payment holidays of up to three months a year, interest calculated daily

Arrangement fee: £199 booking fee

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

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612

Recommended

1

Sants says get tougher on senior staff

Outgoing FSA chief executive Hector Sants has used his last speech at the regulator to call for greater individual accountability at financial services firms and for senior management to be hit with tougher penalties. Speaking this week at Merchant Taylors’ Hall in London, Sants said firms should be encouraged to place more emphasis on treating […]

FE Adviser Fund Index

As we close in on the next rebalancing of the three Adviser Fund Indices, panellists are considering what changes, if any, they want to make. Whitechurch Securities head of research and AFI panellist Ben Willis says he does not tend to make too many changes to his AFI funds. In his AFI aggressive portfolio, he […]

3

Q&A: What the Arch cru redress scheme means for firms

What is a consumer redress scheme? New powers were given to the FSA in 2010  to create consumer redress schemes to deal with specific market failures. Under section 404 of the Financial Services and Markets Act the FSA can require firms to review their sales and, where relevant, pay redress. The FSA can set up […]

MPs raise concerns about unwinding QE

Members of the Treasury select committee have warned not enough is being done to prepare for the unwinding of quantitative easing. The Bank of England has bought £325bn worth of Government bonds from the secondary market over the past three years. Yesterday, during a TSC sub-committee hearing with the Debt Management Office which sells gilts […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment