View more on these topics

Genesis – Planet & Moons Earth Fixed 80 Per Cent

Thursday, December 13, 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 £200,000.

Income multiples: 3.5 times principal income plus second or three

times joint.

Arrangement fee: £395.

Redemption fee: 6 per cent of amount repaid in years one and two, 5

per cent in year three, thereafter 1 per cent if one month&#39s notice not


Conditions: Maximum three months payments missed in the last 12,

maximum one in the last six or none in the last three. Maximum

£3,000 CCJs, bankruptcy satisfied, individual voluntary arrangement

current and satisfactory or completed.

Introducer&#39s fee: 1.5 per cent of loan, minimum £650 maximum


Tel: 01832 275044.


CII launches administrative benchmark

The CII has launched a new qualification aimed at the administrative staff of life and pensions offices. The Financial Administration Foundation Certificate offers a basic grounding in the regulation of financial services together with specialist knowledge of either life or pensions administration. The CII says it is the only product specifically designed for back office […]

FSA warns of overstretching in buy-to-let market

The FSA has issued a caution about buy to let as part of a series of product warnings. Managing director John Tiner says lenders must manage their exposure carefully and borrowers should be wary of over-reaching themselves. He warns that lenders must take account of potential affordability problems of borrowers looking to fund their investment. […]

B&W Isas investment cake

Bristol & West is offering a stockmarket-linked cash Isa that tracks the FTSE 100, Eurostoxx 50 and Nikkei 225 indices over a five-year term.The five-year guaranteed equity bond cash Isa offers investors with at least £500 the return of their original capital regardless of the performance of the three indices. However, there is a 70 […]

Aberdeen buys Old Mutual International

Aberdeen Asset Management is to buy Isle of Man based life insurance firm Old Mutual International for £36.5m.OMI was incporporated into the Isle of Man in 1985, but has been closed to new business since 1998.Aberdeen is also set to raise £100m through an offering of convertible bonds.

How do you choose the best online service?

By Ross Jackson, senior marketing manager There are many different protection online services available in the market and no doubt you’ll have used a few when submitting protection business. But why should you have to put up with slow, unresponsive sites for your business when you’re used to dealing with slick, modern user experiences in your […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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