View more on these topics

Loughborough Building Society – 3-Year 1% Discount  – Direct

Loughborough Building Society – 3-Year 1% Discount  – Direct

Type: Discounted rate mortgage

Discount: 1%

Payable rate: 3.99%

Minimum loan: £25,000

Maximum loan: Up to 90% of valuation subject to a maximum of £250,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, £30 admin fee if building insurance is taken with another provider

Arrangement fee: £199

Redemption fee: 5% of the original loan in the first three years

Introducer’s fee: None

Contact: www.theloughborough.co.uk

Recommended

ABI fears it could be powerless to fight gender edict

The Association of British Insurers has admitted it could be powerless to oppose gender equalisation if the European Court of Justice rules that underwriting on the grounds of sex should be banned. Critics have warned that if EU advocate general Juliane Kok-ott’s call for a ban is accepted in full by the ECJ, it would […]

1

ABI will keep TPD name

The Association of British Insurers has agreed to keep the term “total permanent disability” ahead of the publication of its updated statement of best practice for critical-illness cover, due early next year. The TPD clause within CI policies accounts for 3 per cent of claims but, of those, over half are declined due to confusion […]

Colin Snowdon leaves Aldermore – Charles Haresnape joins

Aldermore chief executive of residential mortgages Colin Snowdon has left the lender as it is announced that Connells group mortgage services director Charles Haresnape has joined. A spokesman for Aldermore says that Snowdon (pictured), who was brought on board to launch Aldermore’s UK mortgage lending arm in the UK in January this year, has left […]

Innovation is being shunned by lenders

Countrywide chief executive officer Grenville Turner says lenders are “running scared” of innovation. Speaking last week at the Council of Mortgage Lenders’ Mortgage Industry Conference and Exhibition at Islington in London, Turner said: “I think it is interesting that a phrase I have heard in a number of presentations recently is ’innovation’. I think most […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com