View more on these topics

Genesis Home Loans Planets & Moons Neptune

Genesis Home Loans Planet & Moons Neptune

Type: One-year discount

Discounted term: Until June 1 2003

Discount: 1.6%

Payable rate: Full status — 6.27%, self-certification 6.77%

Minimum loan: £25,001

Maximum loan: £750,000

Income multiples: 3.5 x plus 1 or 3 x joint

Arrangement fee: £395

Redemption fee: 6% in year one, 6% in year two, 5% in year three, thereafter 1% of amount redeemed or one month’s notice in lieu

Conditions: CCJs maximum £7,500. Four month’s mortgage arrears cleared by completion. Bankruptcy discharged, IVA current and satisfactory or completed. Loans over £500,000 maximum 70% LTV. Packaged through Platform Home Loans

Introducer’s fee: Refer to packager

Contact: 01832 275 044

Recommended

National Savings and Investments – Guaranteed Equity Bond

Wednesday, March 13, 2002Type: Guaranteed equity bondAim: Growth linked to the FTSE 100 indexMinimum-maximum investment: £2,000-£1mTerm: Five yearsGuarantee: Capital returned in full at end of term regardless ofmovement in indexReturn: Capital along with up to 65% growth in the FTSE 100indexInterest rate: 3.5% gross a yearClosing date: April 17, 2002Commission: NoneTel: 0845 9645000

Cazalet attacks upgraded Friends rating

Industry analyst Ned Caz-alet has criticised ratings agencies Standard & Poor&#39s and Moody&#39s for upgrading Friends Provident&#39s financial strength despite mounting liabilities and reduced excess capital.Following its demutualisation last year, Friends floated on the stockmarket and injected £1.2bn of the £1.6bn raised into its with-profits fund, earning a AArating by S&P and an Aa3 rating […]

Huge reality gap on pensions

There is a huge gulf between expectations and reality in employees&#39 attitudes towards retirement, claims a Mori survey on behalf of Bupa.Announcing the results of the survey at the Bupa Health Debate in London last week, Richard Wors-ley, co-director of the charity Tomorrow Project, said that occupational pension shortfalls and fewer youn-ger people mean that […]

Britannic makes it clear

Britannic Assurance has introduced a with-profits bond that aims to be more transparent than traditional with-profits bonds.The Britannic Assurance with-profits bond builds on the concept behind the Britannic with-profits pension annuity, which brought transparency to with-profits annuities.The bond invests in Britannic&#39s with-profits fund and unlike traditional with-profits bonds, investors will be kept informed of performance […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com