View more on these topics

Legal & General – Flexible Reserve 75 Per Cent

Tuesday, 15 May 2001.

Type: Discounted rate flexible mortgage.

Discounted term: Two years.

Discount: 0.5 per cent.

Payable rate: 5.6 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 75 per cent of valuation subject to a maximum of £400,000.

Income multiples: 3.5 times principal income plus second or 2.7 times joint.

Features: Overpayments, underpayments, payment holidays, lump sum withdrawal, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditions: None.

Introducer&#39s fee: Subject to negotiation.

Tel: 0870 0100338.

Recommended

Moore&#39s code

To its detractors, it is the latest example of a Government stompingwilly-nilly over the decaying corpse of financial advice. A hopelessexample of ministerial arrogance and naivety. Catmarks for financialadvice. Whatever will they think of next? Let us look at Catmarks in the round.It has not always looked that way butthis Government has always had a […]

Swip finetunes sales and marketing team to improve IFA support

Scottish Widows Investment Partnership is restructuring its sales andmarketing team to provide better support to IFAs. The move will see the newly structured team headed by director of globalmarketing Fiach Maguire. He recently joined from Perpetual where he waspensions development director for the UK. The restructuring will also see Jaki Platt join from Invesco Perpetual […]

Seller&#39s pack cast aside for now but LTC bill gets through

The dissolution of Parliament ahead of the general election has led toseller&#39s packs falling by the wayside while proposals on long-term carejust scraped through. The election also means that the announcement of the second Myners&#39 reporthas been put on hold. The failure of the Homes Bill, which contained the proposal for seller&#39spacks, to pass through […]

Conservatives pledge tax cuts and annuity reform

The Conservative Party manifesto is pledging the abolition of compulsory annuities at the age of 75, as well as tax cuts valued at £8bn.The Conservatives are also promising to consult on allowing younger workers to opt for private pensions rather than pay National Insurance contributions as well as protect the savings and homes of those […]

The Day of (B)reckoning

A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment