View more on these topics

Hinckley & Rugby cuts 90% LTV discount deals by 0.4%

Hinckley & Rugby Building Society has cut interest rates on two of its 90 per cent LTV discount mortgages by 0.4 per cent.

Its lifetime discount mortgage is being reduced from 4.64 per cent to 4.24 per cent, while its two-year discount deal is being reduced from 4.59 per cent to 4.19 per cent.

Both products come with a £395 arrangement fee and £695 completion fee. The valuation is free for properties under £1m.

H&R chief executive Chris White says: “These interest rate cuts make our discount mortgages even more competitive. We hope first-time buyers will find them to be especially attractive and enable them to own their own home.”


Skandia Investment Group planning move to London

Skandia Investment Group is to relocate all its UK staff to London from Southampton by 2013 following an internal business review. A total of 57 SIG staff are in Southampton, which makes up two-thirds of the firm’s fK workforce. Skandia says it hopes most of the Southampton staff will move to London. A total of […]

JO Hambro plans long/short play but rules out fixed income

JO Hambro says it is planning to launch a long/short fund but has ruled out entering the fixed-income or absolute return sector. The long-only equity boutique has a range of 15 funds, including two Asia funds that launched in October. JO Hambro chief executive Gavin Rochussen says: “We will look at launching a long/short fund. […]


Capita admits value of Arch cru funds is uncertain

Capita Financial Managers has admitted there is “significant difficulty and uncertainty” in assessing the value of around 75 per cent of the £149m in assets held in Arch cru funds. Capita, the authorised corporate director of the CF Arch cru funds, published its annual accounts to the end of March earlier this week. The accounts […]


Bank rate may stay at 0.5% until 2014

John Charcol senior technical manager Ray Boulger says bank rate could remain at 0.5 per cent until 2014, following the Bank of England’s decision to hold it at that for the 32nd consecutive month. Last week, the monetary pol- icy committee held bank rate at 0.5 per cent and quantitative easing at £275bn. The last […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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