View more on these topics

Mortgage Express – Self Cert Two Year Fixed Rate

Mortgage Express

Self Cert Two Year Fixed Rate

Type: Self-cert fixed rate mortgage

Fixed term: Until September 30, 2008

Fixed rate: 5.39%

Minimum loan: £40,000

Maximum loan: Up to 85% 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: £999

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

Introducer’s fee: Refer to lender

Tel: 0500 05002

Recommended

The big freeze

Loan trusts have classic estate freezing qualities and can benefit IHT planners by avoiding an exit charge in the first 10 years

PPI says reforms lack foundation

The Pensions Policy Institute says the reforms do not provide the certainty of a solid state pension foundation to help with the introduction of auto-enrolment into personal accounts. It warns that personal accounts may damage existing pension saving but it backs plans to raise the state pension age.

Coming in from the cold

A dip in performance saw many brokers writing off Artemis income but Adrian Frost believes he has positioned the portfolio so it should make a strong comeback even if interest rates and inflation rise

Inheritance tax when it is relevant

Neil Jones is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. A trust can offer significant advantages when an individual is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment