View more on these topics

Genesis Home Loans Planets & Moons Veunus

Genesis Home Loans Planets & Moons Venus

Type: One-year discount

Discounted term: Until June 1 2003

Discount: 1.6%

Payable rate: 6.77%

Minimum loan: £40,000

Maximum loan: £200,000

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: Full status, no CCJs/defaults in the last six months, maximum £3,000, maximum one in months 7-12. One month’s mortgage arrears cleared by application. Bankruptcy discharged one year, IVA completed one year. Packaged through Platform Home Loans

Introducer’s fee: Refer to packager

Contact: 01832 275 044

Recommended

Iasa for life

Last April we heard about proposals for the somewhat radical child trust fund in the Government&#39s consultation paper, Saving and Assets for All.The stakes were raised when the Government then committed itself to the concept in its election manifesto. This scheme, more widely known as the baby bond, would provide a savings pot for every […]

Three-quarters of firms see no benefits to depolarisation

Three-quarters of IFAs see nothing to welcome in the FSA&#39s proposed changes to polarisation, according to the report by George Street Research.Respondents were asked to state what are the most welcome aspects of the changes and 154 out of 204 companies said they could not see any positive aspects in the proposals.The prospect of moving […]

New Star strives to impress

NEW STAR NEW STAR HIGHER INCOME FUND Type: Oeic Aim: Income and growth by investing in UK ordinary shares, fixed-interest securities, preference shares, convertibles Minimum investment: Lump sum £1,000, monthly £50 Investment split: 100% invested in UK ordinary shares, fixed-interest securities, preference shares, convertibles Yield: 4% gross a year Isa link: Yes Pep transfers: Yes […]

Investment Analysis

More positive economic data from the US pushed concerns over the Enron effect firmly to one side last week and helped drive global markets higher. The representative FTSE World index gained a solid 3.9 per cent.In the US, lead indicators, which all point to an economic recovery, bolstered US stocks, with the Dow, the S&P […]

Bonds in 2017: Stick or twist?

Royal London Asset Management Bond Fund Managers Paola Binns and Craig Inches look at why short duration could be a key tactic for fixed income investors during 2017. Read the full article here The value of investments and the income from them is not guaranteed and may go down as well as up and investors […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment