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Future Mortgages – Future 95 Plus

Friday, 12 October 2001.

Type: Tracker mortgage.

Tracker term: Term of loan.

Tracker rate: LIBOR plus 2 per cent.

Minimum loan: £10,000.

Maximum loan: Up to 95 per cent of valuation subject to a maximum

of £200,000.

Income multiples: 3.75 times principal income plus second or 3.25

times joint.

Arrangement fee: 1 per cent subject to a minimum of £495, maximum

of £1,000.

Redemption fee: Five months&#39 interest in year one, four

months&#39 in year two, three months&#39 in year

three, two months&#39 in year four, one month


Conditions: Maximum two months&#39 arrears none in last

six months, any number of CCJs subject to a maximum of £2,000

none in last six months.

Introducer&#39s fee: 0.75 per cent subject to a minimum of

£350, maximum £1,000.

Tel: 0800 3891221.


Euro firms will not fit into polarisation regime

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Downing Corporate Finance – Electra Kingsway VCT

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R&SA UK Life adds 11 external fund links

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Morley focuses on Europe

Morley Fund Management, which is part of CGNU, has put the spotlight on Europe with the introduction of the European focus fund.Created as an open-ended investment company (Oeic), European Focus is aimed at medium-risk experienced investors who are looking for growth by investing in European equities.European focus will be based on the European element of […]


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