View more on these topics

High Street Home Loans unfurls new mortgage

Newcastle based High Street Home Loans have unfurled a new mortgage .aimed at aspiring homeowners who cannot obtain loans from traditional high street lenders.

The product offers a rate of 8.29 per cent fixed until November 2001 up to 90 per cent of the LTV where borrowers have not more than £2,000 worth of unsatisfied CCJs.

The same rate applies up to 85 per cent of LTV with unlimited CCJs and is also available for self-employed applicants on a self certified basis.

The loan is free of any application or valuation fees up to 85 per cent LTV and there are no compulsory insurances.

There are no MIG premiums to pay and no redemption penalties after three years.

A 1 per cent procuration fee is payable to brokers, subject to a maximum limit of £2000 on completion.

Recommended

Standard outlines group pensions options

Standard Life has revealed the new fund management options for its group pensions for larger employers. This is the first time Standard has linked up with external managers in this market. The list includes Philips & Drew Life managed fund and Fleming Life Global Equity Pension Fund.

Liontrust fund hits £1bn and closes doors

Liontrust UK equity fund have closed the door to new institutional investment business after the fund managed by Jeremy Lang hit the £1bn mark for funds under management Lang says he now wants to concentrate on obtaining the best returns for existing Liontrust clients. A Liontrust spokesman says “The decision to close Lang&#39s funds is […]

Govett believes in bond renaissance

Govett Investments&#39 belief that corporate bonds will enjoy a renaissance has led to the introduction of its corporate monthly income fund. This Dublin-based Ucits aims to deliver income with a target yield of 7.75 per cent a year and opportunities for capital growth. It will consist of UK gilt-edged securities and fixed interest securities in […]

moore&#39s code

Panic. It&#39s the end of the earth. Millions of people will be ripped off. The friendly local independent financial adviser who has helped so many to a healthy, wealthy retirement is no more, thanks to that nasty man at number 11 Downing Street.Well, maybe. The Gov ernment and FSA have certainly between them opened a […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment