View more on these topics

Genesis Home Loans – Planet & Moons Fixed 6.74 Per Cent

Friday, 26 October 2001.

Fixed term: Until January 1, 2003.

Fixed rate: 6.74 per cent.

Minimum loan: £35,000.

Maximum loan: Up to 80 per cent of valuation subject to a maximum

of £350,000, up to 75 per cent subject to no maximum.

Income multiples: 3.5 times principal income plus second or three

times joint.

Arrangement fee: £395.

Redemption fee: 6 per cent of original loan in years one and two, 5

per cent in year three, thereafter 1 per cent of amount repaid or one

month&#39s notice in lieu.

Conditions: Unlimited CCJs, individual voluntary arrangement

satisfied or being well conducted, bankruptcy discharged.

Introducer&#39s fee: 1.5 per cent subject to a minimum of £650,

maximum of £7,500.

Tel: 01832 275044.


Value added facts

In looking at the objective and subjective factors aff ecting an individual&#39s decision on whether or not it would be preferable to transfer preserved pension benefits from a defined-benefits occupational pension scheme to a private arrangement, we have now reached the second of four (or, in many cases, five) stages in the calculation of a […]

Independent view

The Liberal Democrats&#39 suggestion that the Government and product providers should shoulder the cost of independent financial advice is, as Paul Smee said, “a very interesting concept” – but I would argue only in part.Product providers did, and still do to a large extent, bear the cost by way of commission – although this is […]

Orbitex appoints new sales support head

Specialist fund manager Orbitex Investment is appointing Mark Berry as manager if its sales support desk.Berry was previously with Guinness Flight, and worked with the company through its transition to Investec Asset Management.Orbitex sales and marketing managing director David Trail says: “We recognise the importance of customer service and Mark&#39s addition to the team will […]

Treading the regulation boards

Despite the fact the FSA is often considered as being the single financial regulator, it is only one of many bodies which play a role in overseeing the industry.It is true that at N2 the FSA will replace a number of the regulators currently controlling the various aspects of the industry, such as the PIA, […]

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment