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GMAC RFC – Mainstream Rate Control

Fixed-rate mortgage followed by discount

Fixed term:
Until September 1, 2005

Fixed rate:

Discounted term:
Until September 1, 2007


Minimum loan:

Maximum loan:
Up to 90% of valuation subject to a maximum of £350,000,
up to 85% of valuation subject to a maximum of £500,000,
up to 75% of valuation subject to a maximum of £750,000

Income multiples:
Up to 90% of valuation &#45 up to 3.3 times principal income plus second or 2.75 times joint,
up to 75% of valuation &#45 up to 3.75 times principal income plus second or three times joint

Online applications only, capital repayments of up to 25% a year allowed without penalty

Arrangement fee:

Redemption fee:
3% of amount repaid in year one, 2% in year two, 1% in year three

Introducer&#39s fee:
0.35% of original loan



Public fail to realise the risk of disability

Consumer education is key to narrowing the protection gap in the UK, according to The Protection Review 2004 published last week. Le Beau Visage director Peter Le Beau expresses concerns over income protection policies and says UK consumers do not have a realistic view of disability risk. He says: “If the message about the relative […]

Abraham to decide on Equitable inquiry

Parliamentary Ombudsman Ann Abraham will announce on July 19 whether she will conduct a second investigation into whether the collapse of Equitable Life was caused by regulatory failure.

Hampden gets FSA go-ahead for Lloyd&#39s deals

Leading underwriting adviser Hampden Agencies has been given FSA authorisation to facilitate the buying and selling of investors&#39 interests in limited liability vehicles at Lloyd&#39s of London. Through Hampden, investors will be able to buy an existing Nameco – a limited liability vehicle that all new Lloyd&#39s members have been obliged to invest in since […]

UBS Global Asset Management – Developed Asia Equity Fund

Type: Oeic Aim: Growth by investing in developed markets in the Asia Pacific region excluding Japan Minimum investment: Lump sum £1,000, monthly £50 Investment split: 53.1% Australia, 26.9% Hong Kong, 14.7% Singapore, 2.7% New Zealand, 2.6% cash Isa link: Yes Pep transfers: Yes Charges:Initial 4%, annual 1.5% Commission: Initial 3%, renewal 0,5% Tel: 0800 587 […]

Brexit & the mid cap buying opportunities

By Mark Martin, Head of UK Equities at Neptune  Amid the market volatility in the lead-up to the Brexit referendum, there are buying opportunities for the prudent investor, explains Mark Martin. Click here for full article Important Information: Investment risks This fund may have a high volatility rating and past performance is not a guide […]


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