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Legal & General launches two year flexi fix mortgage

Legal & General has launched a two year fixed rate mortgage with flexible features allowing overpayments, reborrowing and payment holidays without redemption charges.

With interest fixed at 6.39 per cent until February 28, 2003, the mortgage also offers borrowers a choice of a cashback of £200 or a free legal service for remortgages.

Redemption charges will apply only if the entire loan is paid back before the end of the fixed period. Loans up to 95 per cent are available.


The good, the bad and the mixed…

Aifa director general by Paul Smee“2000 was the year of the consultation paper. In battalions they came, sometimes two at once, thick with draft rules and questions. The good, the bad, the indifferent, and, most of all, the mixed. “The good. Some sensible stuff on risk-based regulation, a relaxation of over-prescriptive training requirements, a decent […]

Investment-linked annuities give retirees greater choice

Retirees&#39 investment choice has broadened significantly with a tripling of the number of products available in the past two years. The trend for diversification away from the standard annuity is growing among annuity providers. The Annuity Bureau estimates that investment-linked annuities now account for one fifth of the total annuity market, up from five per […]

santa claus

After Hans Christian Andersen Consulting&#39s management restructure of his toy production factory in 1988, Santa realised that he was able to produce his entire Christmas product range in just over five days. Andersen&#39s 75-page report highlighted the factory&#39s antiquated production process – using undersized workers – as one of the main reasons that production had […]

Scottish Equitable add EPP to their range of pre-stakeholder pensions

Scottish Equitable is re-launching its executive pension plan with pre-stakeholder single-charge terms in the run-up to the onset of stakeholder in April 2001. The new style EPP is part of ScotEq&#39s range of single-charge individual pension plans which will be launched in the new year. The EPP offers single-charge terms with a choice of annual […]


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