View more on these topics

Mortgage Express – Self Cert Two Year Discount

Mortgage Express

Self-Cert Two Year Discount

Type: Self-cert discounted-rate mortgage

Discounted term: Two years

Discount: 1.81%

Payable rate: 4.94%

Minimum loan: £40,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

Income multiples: Up to 4.75 times principal income plus second or four times joint

Arrangement fee: 1% of original loan

Redemption fee: 5% of amount repaid in first two years

Introducer’s fee: Refer to lender

Tel: 0500 050020


Standard Life slams ABI’s ban plan

Standard Life has launched a scathing attack on ABI proposals to protect existing pensions through contribution caps and limits on transfers for personal accounts. In its response to the Pensions White Paper last week, the Association of British Insurers agreed with the Pension Commission’s proposals for an annual contribution cap of £3,000 a year and […]

Nationwide and Portman boards agree to merger

The boards of Nationwide and Portman Building Societies have agreed to the biggest ever building society merger that will give the enlarged society total assets of over 150bn.Subject to regulatory and members’ approval, the merger is expected to complete by the end of September 2007 and will see current Nationwide group finance director Graham Beale […]

Jagged edge challenge

Briefing from the regulator poses the question of justifying costs for separating Mifid and non-Mifid business

Put your trusts in order

The timing of setting up trusts can now have an effect on liability to inheritance tax

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 […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment