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Leeds launches 10-year fix to beat base rate rises

Leeds Building Society has launched a 10-year fixed rate homeloan at 4.99 per cent.

The mortgage has no higher lending charge, is available up to 90 per cent loan to value and allows 10 per cent capital repayments each year without penalty. There is also a fee free version for customers who require help with fees.

Head of marketing & PR Karen Wint says: “With market commentators predicting a rise in bank base rate next week and potentially further increases next year, a 10-year fixed rate under 5 per cent offers outstanding value. This product delivers long term peace of mind combined with the flexibility to pay 10 per cent capital repayments each year without penalty. It is also fully portable, so customers can continue to benefit when they move home.

“It is clear that customers want to lock in good value but still have the re-assurance of the right advice and good service at a potentially stressful time.”


HSBC International builds with Bric

HSBC International has brought out a capital-protected offshore Oeic that is linked to the performance of the DAX global Bric Index for five years.
Investors in this fund will receive a full capital return at the end of the term regardless of the performance of the index, plus a minimum return of 9 per cent growth.

HBOS strengthens its grip

Extra £10m pumped into intermediary arm to bolster technology and aid point of sale and case tracking

Tories brand Government pension response a ‘disgrace’

The Tories have attacked the Government’s response to the public administration committee’s damning assessment of its treatment of victims of occupational pension collapses, branding it a ‘disgrace’.Pensions minister James Purnell this week ruled out any more help for the estimated 125,000 people who lost their pensions when schemes collapsed before the introduction of the Pension […]


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