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Mortgage offer for Barclays and Woolwich current account customers

Mortgage offer for Barclays and Woolwich current account customers Barclays and Woolwich are offering their current account holders a mortgage rate of 3.29 per cent, a 2.25 per cent discount for two years before reverting to the current standard variable rate – currently 5.54 per cent.

The offer comes with no application fee, early repayment penalty or mortgage indemnity premium and is available for advances up to 95 per cent loan to value.

Woolwich head of mortgages Andy Gray says: “With over 10 million customers baking with Barclays and Woolwich it makes sense for us to reward our existing customers with our most competitive rate.”


Destini buys stake in Bloomsbury and may increase holding

IFA consolidator Destini Financial Services has taken a minority stake in feebased IFA Bloomsbury Financial Planning.The deal struck between the consolidator and Sofa director Jason Butler&#39s company of seven RIs is for an undisclosed amount in cash and shares. It is a two-part deal that leaves Destini with the option to buy a bigger chunk […]

UCB HomeLoans – Buy to Let &#45 2 Year Fixed

Type: Fixed-rate buy to let mortgage Fixed rate: 4.89% Fixed term: Two years Minimum loan: £25,001 Maximum loan: Up to 80% of valuation subject to a maximum of £300,000, up to 75% of valuation subject to a maximum of £400,000 Income multiples: Up to 3.25 times principal income plus second, 2.75 times joint, or rental […]

A change of lifestyle

I think this is the most important document on life insurance underwriting in the last 10 years.”That is the verdict of editor Chris Morgan on the forthcoming ABI consultation paper, which will reconsider the questions that insurers ask about a policyholder&#39s sexual history, orientation and HIV status.Morgan is helping to represent the gay community […]

Protection sales boom for IFAs

Protection business sales through IFAs have more than doubled since 2001.Scottish Provident head of marketing and product development Nick Kirwan says Q2 this year saw annual premiums through intermediaries hit a record £107m. The first quarter of 2001 saw just over £50m.Kirwan says: “The growth is driven by a host of factors, including house prices, […]


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