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: 1.05%

Payable rate: 5.7%

Minimum loan: £40,000

Maximum loan: Up to 90% of valuation subject to a maximum of £400,000, up to 80% of valuation subject to a maximum of £500,000, up to 70% of valuation subject to a maximum of £600,000, up to 60% of valuation subject to a maximum of £1m

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

Arrangement fee: £599

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

Introducer’s fee: Refer to lender

Tel: 0500 050020

Recommended

Duty of care to tackle debt crisis

Tim Sutcliffe of the PI Consortium says lenders must share responsibility for consumers’ spiralling borrowings

Advisers wary on PTA suitability

Significantly more Icob advisers have recommended pension term assurance to consumers than Cob advisers, says Standard Life. Its survey, undertaken by George Street Research among 206 advisers in June, found that only 40 per cent of Cob advisers have recommended PTA compared with 54 per cent of protection advisers. Overall, 43 per cent of advisers […]

Product matters

There has long been talk regarding an income protection/PA & sickness plan hybrid. Now, finally, one has been launched by British Insurance under the name Safetyfirst. In truth, the plan is an amalgam because the initial 52 weeks’ payments are under- written by Hitachi Capital Insurance Europe, with the Original Holloway Friendly Society underwriting after […]

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