View more on these topics

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

thereafter.

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.

Recommended

Euro firms will not fit into polarisation regime

European developments could overshadow whatever path the FSA decides to follow over polarisation, according to FSA manager (packed products) Brenda Gibson.She said it will not be long before European providers enter the UK market but they will not fit into the current polarisation regime.However, Aifa director general Paul Smee said that, at best, there was […]

Downing Corporate Finance – Electra Kingsway VCT

Wednesday, 10 October 2001.Aim: Growth by investing initially in Electra investment trust, Electraactive management oeic, fixed interest securities then in unquotedstocks and AiM stocks.Minimum investment: Lump sum £5,000.Opening-closing date: October 2, 2001-December 14, 2001.Charges: Initial 5 per cent, annual 1.5 per cent in year one, 2 per centin year two, 2.5 per cent thereafter.Commission: Initial […]

R&SA UK Life adds 11 external fund links

Royal & SunAlliance UK Life is teaming up with four fund managers to add eleven external fund links to its lifestyle investment bond. The eleven new funds, available from 15 October, will be offered by Aberdeen, Framlington, Gartmore and Newton taking the total number of fund options available on the Lifestyle Investment Bond to 31. […]

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 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com