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Legal & General announce new mortgage

Legal & General Mortgage Club has launched a two-and-a-half-year fixed rate mortgage which will also offer a £3,000 limit credit card facility.

Interest on the service-guaranteed mortgage is fixed until March 1, 2003 at 6.29 per cent for loans of up to 90 per cent of the property value and 6.49 per cent for loans up to 95 per cent loan to value.

Borrowers can repay up to 15 per cent of their original balance in each calendar year with no early repayment charge.

An interest charge of 7.79 (APR 8.1 per cent) is levied on the credit card facility.


Portman Building Society launches new ISA product

Portman Building Society has capitalised on the Government’s decision to relax the investment restrictions on cash ISAs with the launch of its new ISA 30 account. The account offers 6.25 per cent tax free and guarantees 0.25 per cent tax free on savings before January 1, 2001. The minimum investment is £1,000 with a maximum […]

Fidelity to offer online financial tuition

Fidelity Investments has teamed up with e-learning specialists, Wide Learning, to offer online financial training. The site will offer Wide Learning Quicksights ™ – five minute multi-media introductions to financial products and concepts. Plans to build a “learning centre” where customers would be able to access Quicksights™ and enrol on one of Wide Learning’s […]

Friends Prov Tokyo Trust given AA rating by S&P

An frAA rating has been awarded to the Friends Provident Tokyo Trust by independent research and analysis company Standard & Poor’s Fund Services. The award marks an upgrade from a single A rating for the Trust which this March had £82 million funds under management. Citing a robust investment approach and thework of their Japan […]

Is stakeholder a new breakthrough?

Anyone who has sat through Steve Bee&#39s marvellously witty but eruditeconversations about pensions cannot fail to have spotted that this is anarea where no idea quite works out as originally intended.They may start with every intention of opening up the market in a new andexciting way to reach the unpensioned and offer new opportunities foreasier […]

Welcome to The Brunner Investment Trust PLC

Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]


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