Financial Options is launching three protection products for buyers and sellers in the mortgage market.The Home Sellers protection plan gives protection for four to six months from the date of the completed mortgage application and will pay wasted conveyancing fees up to £500.The Home Buyers protection plan provides the same level of cover but protects […]
Marsden Building SocietyFIXED RATE MORTGAGEFixed term: Until September 30, 2001.Fixed rate: 6.75 per cent.Minimum loan: £30,000.Maximum loan: Up to 80 per cent of valuation.Income multiples: Three times principal income plus second or 2.5 times joint.Arrangment fee: £195.Redemption fee: Six months' interest in first seven years.Conditions: Compulsory buildings and contents insurance.Introducer's fee: None.Tel: 01282 440500.
Killik & Co is advising investors to check the quality of their share holdings and to buy defensive stocks.In its monthly report, it says: "Buying in dips, especially in blue chip stocks which have strong fundamentals and which have seen their high rating drop towards fairer levels, should yield long-term benefits."The firm also advises investors […]
GUARANTEED EQUITY BONDSScottish MutualINCOME BONDAim: To provide guaranteed growth or income depending on the performance of the FTSE 100 and Swiss SMI stockmarket indices.Minimum-maximum investment: £7,500 – £250,000.Term: Five years.Return: 45 per cent growth over the term or 8 per cent a year income dependent on stockmarket indices.Guarantee: 100 per cent of initial investment providing […]
Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]
Advisers are publishing their fees on review website VouchedFor in an effort to be more transparent. Research by VouchedFor for the Sunday Times shows 423 advisers, representing 263 firms, have published their charges on the site. VouchedFor, the review site for financial and mortgage advisers, solicitors and acountants, does not publish adviser charges on their […]
Protection Review chief executive Kevin Carr looks at recent market events Power to the people Now in its third year, the Protection Distributors Group has recently launched its “Claims Charter”, which aims to improve the basic levels of best practice undertaken by insurers when dealing with claims. Over the last two years, the group has […]
The parent of Yorkshire Bank and Clydesdale Bank has agreed to buy Virgin Money for £1.7bn. The businesses say the deal will create the UK’s first “true national banking competitor to the status quo”. The new group will serve around six million customers. A notice to investors from CYBG says: “The combined group will have […]