View more on these topics

Mortgage Next launches two self-cert mortgages

Mortgage Next has launched two new self-certification mortgages, both funded by BM Solutions and available exclusively via Mortgage Next members.

Both products are Bank of England base rate trackers and available for the employed and self-employed and for purchase or remortgage.

The first product is the base rate plus 0.55 per cent for two years and then the base rate plus 1.75 per cent for life. There is no extended tie-in and it is available up to a maximum loan to value of 75 per cent.

The second is the base rate plus 0.95 per cent for two years and then the base rate plus 0.95 per cent for life. There are no redemption penalties and it has fully flexible features. It is available up to a maximum loan to value of 85 per cent.

Recommended

Government sets up fund for victims of occcupational scheme collapses

The Government is establishing a £400m fund to compensate people who have lost pension rights through collapsed occupational schemes. The fund will give phased payments over the next 20 years, with payments reviewed every three years. Amicus general secretary Derek Simpson says: “The threat of having little or nothing to live on after 30 or […]

Insurers&#39 duty is to protect clients, not themselves

Isn&#39t it ironic that in an industry which is as closely regulated as financial services, the concept of duty of care is so often blatantly lacking. As an IFA, I have almost now become used to seeing the business introducer and, more important, the client being left in the corner while the insurance company undertakes […]

Julian Gibbs

There are very few sensible ways in which investors can hope to receive a return of over 10 per cent a year with capital security. Probably the most innovative and exciting product I have come across recently which should achieve this target is the Close Man hedge fund, which is targeting absolute returns of between […]

Workers feel betrayed by pension cuts says TUC

TUC general secretary Brendan Barber told the National Association of Pension Funds conference today that workers feel “let down, betrayed and angry” at the retreat from good pensions provision by many employers. Barber said: “Pensions have shot up the union agenda. This is not because they have suddenly become of interest to activists and union […]

Welcome to The Brunner Investment Trust PLC

Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment