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 […]
Marmite and President Trump both sharply divide opinion, but you can ignore Marmite if you’d rather not put the glutinous, salty, black yeast extract on your teatime toast. As an investor you simply cannot ignore Donald Trump. Without wanting to give a running commentary of recent events, Trump’s actions continue to have an impact. The […]
Suggestions that secretary of state for work and pensions Esther McVey may no longer be committed to the delivery of the pensions dashboard project has caused much wailing and gnashing of teeth around the industry. Personally, I do not see the problem. This is the perfect opportunity for it to take back ownership and control of […]
81 per cent of over-55s would feel confident in taking out an equity release plan without seeking advice, research from Moneyfacts suggests. 44 per cent thought they have no need for advice, 29 per cent would not trust an adviser, and 8 per cent of respondents believe financial advice to be too expensive. In late […]