View more on these topics

Flexible fixes from Stroud & Swindon

Stroud & Swindon Building Society is offering two new mortgages to attract

customers who want a flexible mortgage with a fixed rate.

The two new products in its portfolio are the fixed and flexible mortgage

and a fees-paid remortgage-only fixed and flexible mortgage.

The first mortgage offers free valuation and has a fixed rate of 6.29 per

cent until June 2002. It is available for loans up to 95 per cent of the

purchase price or 85 per cent for remortgages.

The second is available for remortgages up to 85 per cent of the purchase

price and has a fixed rate of 6.59 per cent until June 2002.

Monthly or lump-sum overpayments can be made at any time on both products

without incurring charges.

The overpayments can be retrieved at any time and those made within the

fixed period are charged at the same rate, not a higher variable rate.

Stroud & Swindon sales and marketing director Paul Swainbank says: “In

keeping with the accommodating nature of the flexible mortgage, both these

new products carry no early redemption charges and no compulsory insurance

requirements.”

Recommended

Setting standards to improve long-term insurance picture

Whether justified or not, the insurance industry is regarded with a degreeof caut ion and mistrust by many of our customers and this applies toproviders and intermediaries.Such mistrust is neither good for the consumer, whom it discourages frommaking the kind of financial provision they will need for the long term,nor for our businesses.We are all […]

Low-tax spread

I am a director of a leading property company and my current shareholdingin the business is valued at £243,000. I have no other equity investmentsof any significance. However, I am concerned at having such a highproportion of wealth tied up in the fortunes of just one company. Could youexplain to me how I could create […]

IFAs miss domain event as addresses go quick

IFAs appear to be failing to embrace the technological revolution, leadingthem to miss out on scooping some of the best internet address namesavailable.Many of the top domain names which would have been ideal for IFA websiteshave fallen into the hands of speculators looking to cash in by sellingthem on.Among the potential addresses already taken are […]

Brand new thinking

Do catchy slogans stick in your head? Do you prefer to pick productproviders with strong branding? Would you rather fly the airline with theslickest slogan?Strong branding can be eye- catching and marketing analysts say itencourages consumer loyalty. Should IFA firms develop a strong corporateidentity and adopt a catchphrase to increase their client base?Chase de Vere […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment