View more on these topics

Halifax Intermediary – 2-Year New Build Tracker

Halifax Intermediary – 2-Year New Build Tracker

Tracker term: Until November 30, 2012

Tracker rate: 3.99% above the Bank of England base rate

Payable rate: 4.49%

Minimum loan: No minimum

Maximum loan: Up to 80% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the tracker period, for purchase of new build properties only, free valuation

Flexible features: Overpayments, underpayments, payment holidays, interest calculated daily

Arrangement fee: £999 plus £245 mortgage account fee

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

Introducer’s fee: Refer to lender

Tel: 0845 608 0038

Recommended

4

Pru pledges to stick by IFAs

Prudential has insisted that its deal to allow Santander UK advisers to sell Pru investment bonds will not detract from its IFA distribution. Pru signed an exclusive deal with Santander this week, allowing the bank to distribute Pru’s flexible investment plan range of funds for an initial five-year period from 2011. This will make the […]

Control points

After the first IFA fine over platforms, FSA conduct and risk division supervisor Rory Percival gives an overview of the key issues to be considered when using platforms

Former Goldman Sachs Asia head in frame for HSBC role

The former head of Goldman Sachs in Asia is understood to be a frontrunner to succeed Stephen Green as the chairman of HSBC. According to reports, John Thornton is in the frame for the role, which became available after Green agreed to become the UK’s new trade minister. Green will take the unpaid role in […]

Plan that lost an election

Gordon Brown’s decision to fight this year’s general election as a battle between cuts and investment has been blasted by Tony Blair. He says Brown’s “plan for the banks was right” but he later “bought completely the socalled Keynesian ’state is back in fashion’ thesis.” Blair says: “The top rate of tax was put up […]

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