View more on these topics

Discount deals on L&G loans

Legal & General has revamped its flexible mortgage range so borrowers can choose between four combinations of flexible loan.

All new customers will get an initial discount for the first six months of the mortgage and choose to get a cashback of £200-£400.

The level of discount varies between 1.5 per cent and 0.5 per cent, depending on the amount of cashback chosen and what percentage of the property value is borrowed.

All the discount and cashback options come with L&G&#39s full range of flexible mortgage features, including overpayments, payment holidays, daily interest and no redemption penalties.

Following completion of the discount period, the interest rate reverts to L&G&#39s standard variable rate, currently 6.85 per cent.

L&G Bank managing director Mike Bury says: “Customers can now pick and mix the flexible mortgage that suits their circumstances.”


Outside View Robert Reid

Ever since the title Independent Financial Adviser came into use, we have had change after change with the management consultants predicting the end for IFAs, only to find them prospering. But now is not like the other times. After all the rhetoric, this is the real test for Aifa. If it fails to secure robust […]

Flexible charges for ScotEq bonds

Scottish Equitable is revamping its range of single-premium bonds to maximise flexibility for IFAs. The new perform-ance bond will offer three different charging structures. These are the Initial charge version, an Establishment charge version, where charges are deducted over the first five years of the bond and the Ongoing version, in which investors pay an […]

Credit Suisse Asset Management – Global TMT Fund

Friday, 2nd February 2001.Type: Oeic.Aim: Growth by investing globally in TMT market.Minimum investment: Lump sum £1,000 monthly £50, Isa lump sum £1,000 monthly £100.Investment split: Telecoms services 25 per cent, telecom equipment 13 per cent, software 10 per cent, semi-conductors 7.5 per cent, media 7.3 per cent, wireless hardware 6.6 per cent, healthcare tech 5.6 […]

Standard Life Bank caps the market for a quarter of a century

Standard Life Bank has introduced the third tranche of funds for its 25-year capped rate mortgage, Futureperfect. Futureperfect has been capped at 6.59 per cent for loans of up to 90 per cent of valuation for the life of the mortgage. Whenever Standard Life Bank’s standard variable rate falls below the capped rate, Futureperfect will […]


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