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Marsden Building Society five-year fixed

Marsden Building Society five-year fixed

Fixed term: Five years

Fixed rate: 5.69%

Minimum loan: £30,000

Maximum loan: Negotiable

Income multiples: 3 x principal or 2.5 x joint

Arrangement fee: £295

Redemption fee: 5% of outstanding balance in year one, 4% of outstanding balance in year two, 3% of outstanding balance in year three, 2% of outstanding balance in year four, 1% of outstanding balance in year five

Conditions: Up to 80% LTV

Introducer’s fee: £200

Tel: 01282 440500


NU leads the way on term cover

Norwich Union has broken through the 300,000 barrier to become the UK’s largest writer of regular premium term assurance, according to Swiss Re Life & Health TermWatch. Its 313,444 polices written last year, up from 246,755 in 2000, give it 20 per cent of the market. Business from IFAs was up 12 per cent on […]

Protection from PI insurers

I must endorse the views of Colin Langton (Money Marketing, April 18) who is paying higher professional indemnity premiums while having a clean record.In our own case, although we have no pension transfers, FSAVCs, endowments or other potential misselling cases, our PI insurers tried to raise the premiums by 20 per cent.Further, despite receiving the […]

M&E and Burn-Anderson merger talks stall

Tenet Group has admitted it has had high-level talks to take over IFA network Burns-Anderson but confirms a deal is now unlikely.Tenet chief executive Simon Hudson says a merger between its M&E network and Burns-Anderson had been on the table but agreement between the parties could not be reached.A merger of Tenet Group, with its […]

NU urges tax aid as firms axe pensions

Norwich Union is urging the Government to introduce tax credits to firms offering pension schemes after finding that an alarming number of private companies are planning to shut down schemes.It is calling on the Government to act after its research of 1,000 firms last month found that more than 10 per cent of employers plan […]


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