View more on these topics

Nationwide Building Society – Three-Year Fixed Rate Mortgage

Nationwide Building Society – Three-Year Fixed Rate Mortgage

Fixed term: Three years

Fixed rate: 3.59%

Minimum loan: No minimum

Maximum loan: Up to 70% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to £500 a month allowed without penalty in the fixed rate period, free valuation and free legal fees for remortgages where in-house solicitor is used

Flexible features: Overpayments, underpayments, lump sum withdrawals, interest calculated daily

Arrangement fee: £900 or £400 for first time buyers plus £99 booking fee

Redemption fee: 4% of the mortgage balance in the first three years

Introducer’s fee: Refer to lender

Tel: 0845 601 0763



Extra supervision will not significantly reduce FSCS costs

FSA chief executive Hector Sants has warned that even if the Financial Conduct Authority was to invest significantly more in supervision it was unlikely the Financial Services Compensation Scheme levy would fall by a similar margin. Speaking at an FSA conference on the Financial Conduct Authority this morning, Sants said there was a straightforward trade-off […]

FCA competition boost needed

Independent Commission on Banking member Clare Spottiswoode argues the Government’s plans to give the Financial Conduct Authority new competition responsibilities do not go far enough. Speaking at a Which? conference on financial services reform in London this week, Spottiswoode, who is a former Ofgas director general, said: “George Osborne has said he is introducing a […]

Dean Mirfin

Home is where the care is

Key Retirement Solutions director Dean Mirfin says equity release will be the major route for people needing care who want to stay in their homes

Tax-free gains? That can’t be right, can it?

When he was Chancellor of the Exchequer, George Osborne made several changes to the way in which income is taxed. Personal allowances were increased significantly above the rate of inflation; a starting rate band was introduced for savings income and, with effect from 6 April 2015, this was assessed at 0 per cent. In addition, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment