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Genesis Home Loans two year fixed self-cert

Genesis Home Loans two year fixed self-cert

Fixed term: 1 June 2004

Fixed rate: 5.89% to 75% LTV, 6.29% to 85% LTV

Minimum loan: £30,000

Maximum loan: £200,000 up to 85% for purchase and remortgage, £200,001 – £500,000 up to 80% up to purchase and remortgage. 75% LTV for first-time buyers

Income multiples: 3.5 x principal plus 1 or 2.75 x joint up to 75%, 3.25 x principal plus 1 or 2.5 x joint above 75% LTV

Arrangement fee: £395

Redemption fee: 5% until 1 June 2004

Introducer&#39s fee: Refer to packager

Tel: 01832 275044


Old Mutual Fund Managers – UK Select Large Cap Fund

Tuesday, 16 April 2002 Type: Unit trust Aim: Growth by investing in FTSE 100 and mid cap companies Minimum investment: Lump sum £1,000, monthly £50 Investment split: FTSE 100 90%, mid cap companies 10% Isa link: Yes Pep transfers: Yes Charges: Initial 4%, annual 1.25% Commission: Initial 3%, renewal 0.5% Tel: 0808 1002715

Stamp duty

The Chancellor has announced a number of measures affecting stamp duty as follows:- Stamp Duty ReformThe Government have released a consultative document which seeks views on the detail of a new modern tax regime. Legislation will be included in the Finance Bill 2003 to reform stamp duty. The reform will build on the 2002 measures […]

New exodus on way as Equitable cuts again

IFAs believe Equitable Life&#39s decision to slash terminal bonuses by 4 per cent will lead to a renewed exodus of policyholders despite the imposition of an increased market value adjuster of 14 per cent.They question Equitable&#39s rationale for the new restrictions, as a letter sent to policyholders claims the company&#39s position has improved. It says […]

GE Life – High Income & Growth Plan 7

Thursday, April 18, 2002Type: Guaranteed equity bondAim: Income and growth linked to European blue chip companieslisted on the Dow Jones Eurostoxx 50 indexMinimum-maximum investment: £7,000-£1mTerm: Three yearsGuarantee: Capital returned in full provided the Dow Jones Eurostoxx50 does not fall by more than 20%Return: Choice of 0.78% a month, 10% a year or 33% at end […]


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