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Coventry revamps mortgage platform

Coventry Building Society has updated its mortgage portfolio to offer new house purchase, remortgage and buy-to-let products. The range includes a loan capped at 5.85 per cent until September 30 2007, with a current rate of 4.85 per cent, which is 0.90 per cent of its standard variable rate. The maximum loan to value is 95 per cent. It also includes a new buy-to-let Flexx product with a rate of 5.99 per cent and maximum LTV of 85 per cent.



Recurring PI Royal abdication

It would be extremely unfortunate if “indiscriminate” conditions applied by professional indemnity insurers began to erode an IFA’ ability to recommend a full range of investments. That is the threat from problems over split caps. The Aitc is discussing the situation with Aifa and other organisations, presumably the regulator and PI insurers. As in the […]

Just a Mortgage deal to become provider to online members club

Introducer Just A Mortgage has signed an agreement with online members&#39 club, Quintessentially, to be its exclusive provider of mortgage services. Quintessentally has chosen Just A Mortgage, part of financial services group Blevins Franks, to arrange and service bespoke mortgages for high net worth individuals. Quintessentially sources a selection of goods and services for its […]

60 per cent of workers support compulsion

Sixty per cent of UK workers believe they should be compelled to pay into a company pension scheme in addition to State pension contributions, according to a survey for the National Association of Pension Funds. Public awareness of which Government department deals with pensions is virtually non-existent with only 7 per cent naming the Department […]

Prudential – Prudential Flexible Income Drawdown Plan

Tuesday, 3 September 2002 Type: Income drawdown Minimum investment: Lump sum £100,000 Investment choice: Choice of three investment strategies &#45 cautious, standard, adventurous or 25 funds from M&G, Prudential, Merrill Lynch, Newton, Invesco Perpetual, UBS and Schroder. Charges: Annual 0.8 &#45 1.5% Allocation rates: 96 &#45 99% Commission: Initial 3%, renewal 0.5% Tel: 0845 0757576


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