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Genesis Home Loans discount mortgage

Discounted term: until 06/2003

Discount: 1.6%

Payable rate: 6.775%

Minimum loan: £25,001

Maximum loan: £200,000

Income multiples: 3.5 times principal income plus 3 times joint

Arrangement fee: £395

Redemption fee: 6% in 1st and 2nd

year, 5% in 3rd year, then 1 month notice or 1%

amount redeemed

Conditions: remortgage only, self-cert, CCJ&#39s max £3000 per


Introducer&#39s fee: 1.5%, min £650 max £7500

Tel: 01832 275 044


ScotEq criticises IFAs over trust plans

IFAs could be neglecting their clients&#39 needs by failing to writemore investment bonds in trust, claims Scottish Equitable.Head of sales for personal investment Peter Bradshaw says many IFAsdo not take into account rapidly changing domestic situations andinheritance tax pitfalls when writing investment business.As a result, he claims IFAs are not only doing their clients adisservice […]

AITC says the Chinese horse is worth backing

The AITC is urging investors to take a look at the Chinesestockmarket as an alternative growth investment for 2002.With China having finally gained entry into the World TradeOrganisation last year, as well as having won the bid to host theOlympics in 2008, the economy is in a positive state.As a result, several of the industry&#39s […]

McGreevy out as Carby takes over at Inter-Alliance

National IFA Inter-Alliance group chief executive Stuart McGreevy hasleft the company and been replaced by J Rothschild Assuranceco-founder Keith Carby.The departure comes as investment bank Evolution Group has paid£1.6m for a 12.6 per cent stake in Inter-Alliance from McGreevyand group managing director David Garofalo, who has also resigned.Both men keep a 2.4 per cent stake. […]

Mortgage Express fixed buy-to-let mortgage

Fixed term: until 03/03/05Fixed rate: 6.49%Minimum loan: £40,000Maximum loan: £1mIncome multiples: none apply, but minimum incomes £20,000 soleapplicant, £30,000 joint applicants, and gross income must be 130%of monthly interest paymentRedemption fee: six months interest in years one, two and threeArrangement fee: noneConditions: for employed, self-employed and first time buyersIntroducer fee: 0.5% of advance, no maximumTel: […]

Welcome to The Brunner Investment Trust PLC

Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]


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