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Darlington Building Society – 2-Year Tracker

Darlington Building Society – 2-Year Tracker

Type: Tracker mortgage

Tracker term: Until November 30, 2013

Tracker rate: 2.49% above the Bank of England base rate

Payable rate: 2.99%

Minimum loan: £25,000

Maximum loan: Up to 80% of valuation subject to a maximum
of £250,000

Income multiples: Based on affordability

Conditions: One capital repayment of up to 10% in the
tracker period, free valuation

Arrangement fee: £499 plus £75 completion fee

Redemption fee: 1% of the mortgage balance

Introducer’s fee: 0.35% of the original loan




FSA freezes staff pay for second year

The FSA has told staff that they will not be getting a pay rise for the second year in a row. An email sent to regulator staff today says: “Last year, as you know, the vast majority of staff did not receive pay rises for 2010. “We have announced today that again there will be […]


Nest targets Sharia-compliant global equity fund manager

The National Employment Savings Trust has issued a tender for a Sharia-compliant global equity fund manager. The widely anticipated decision follows confirmation from chief investment officer Mark Fawcett (pictured) of the scheme’s low-risk investment strategy. Nest’s board of trustees, which currently comprises seven members, are expected to offer 52 target-date investment funds when the the […]

Survey cover

EEF/Jelf Employee Benefits Sickness Absence Survey 2015

EEF stated in its 2015 EEF Manifesto that the UK’s growth prospects depend on people being fit, working and productive. Keeping people in work and helping people return to work is very important for the manufacturing sector. It means boosting productivity by getting people back into work as early as is possible, as well as fostering workplace cultures and environments that proactively manage individuals’ health conditions so that all can benefit from lower sickness absence outcomes.


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