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 […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]