View more on these topics

Nationwide cuts mortgage rates

Nationwide Building Society is launching a new fixed rate mortgage product and is reducing the rates on some of its existing loans.

The new product is a one year fixed rate available from 4.9 per cent. The rate on its two year fixed mortgage is being cut by 0.44 per cent to 5.45 per cent, on its three year rate it has made a cut of 0.34 per cent to 5.55 per cent and the 0.14 per cent reduction on the five year product brings the fixed rate down to 5.75 per cent.

Nationwide marketing and commercial director Stuart Bernau says: “The new fixed rates underline our commitment to offer borrowers excellent value.”

Recommended

Stop bickering about fees

For many years there has been a debate between commission and fees. Surely the onus is on the adviser making it clear to clients they have the option to take advice on a commission basis or pay a fee. The commission basis is very transparent, highlighted in a key features document and is a finite […]

Fund complies with Islamic law

Muslim financial specialist Parsoli UK is offering a global Islamic equity fund. The fund is an Oeic and is aimed at Muslim investors in the UK and Europe looking for a financial product that complies with Shari&#39ah. Shari&#39ah means compliant with Islamic law and the Koran. The fund will not invest in any companies that […]

Scottish Legal to sell Friends stakeholder

Friendly society Scottish Legal Life is taking advantage of the relaxation in the polarisation rules to add Friends Provident&#39s stakeholder plan to its product range. Scottish Legal Life will market Friends&#39 New Generation stakeholder to its customers and is starting an ad campaign using the strength of Friends&#39 name to attract new business. The society […]

N&P hears the call of Spanish mortgage market

Norwich & Peterborough is flying south with the introduction of a new addition to its range of Spanish mortgages.The mortgage is aimed at three types of clients. First the British expatriates living in Spain and Gibraltar, second the Gibraltarians and third people in Britain who want to retire to the south coast of Spain and […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]

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