View more on these topics

Nationwide offers &#39lowest ever&#39 mortgage

Nationwide has launched a range of fixed and capped rate mortgage products, boasting they are its lowest ever deals.


Rates have been reduced by between 0.3 percentage points and 0.5 percentage points. It claims this also makes the three and five-year fixed rates and the three-year capped-rate mortgages the lowest currently available from any high street lender.


The society has been battling against repeated attempts to force it to demutualise. It has been under pressure to show it can provide more value to both its savers and borrowers as a building society.


For people moving house the society&#39s three-year fix now stands at 5.49 per cent. The five-year fix stands at 5.79 per cent and the five-year fixed-rate loyalty mortgage, which is only available to existing Nationwide borrowers, offers 5.69 per cent. The three-year capped rate stands at 5.79 per cent.

Recommended

Scottish Widows cuts standard variable rate mortgage

Scottish Widows Bank is reducing its standard variable mortgage rate to 7.49 per cent from 7.99 per cent.It says this rate will be available with its 80 per cent LTV Flexible Mortgage and 110 per cent Professional Mortgage.Managing director Rob Golbourn says: &#34Our variable rate has been recognised as consistently lower than most lenders in […]

Microsoft imports its professional development conference from the US

Microsoft is importing its Professional Developer Conference from Denver Colorado to Birmingham and is advising IFAs to book early as the US event attracted over 6500.The conference which promises the best bits of the US version takes place on December 4.The one-day event will focus on application development within Windows 2000. Microsoft says the new […]

Hogg Robinson restructures business into three units

IFA Hogg Robinson has announced a restructuring of its financial services arm into three new businesses.Advizas with deal with IFAs, Paymaster will deal with outsourced payments and processing and Entegria with benefits consulting.Chief executive David Radcliffe says: &#34Companies are seeking to reduce costs and maximise efficiency. The new structure will enable the individually branded businesses […]

Scottish Life appoints two new senior managers

Scottish Life is making two new appointments to its senior executive team.John Wallace will become general manager of customer services and David Hughson general manager of investment.Wallace joined Scottish Life&#39s systems division in 1967 before becoming assistant general manager of administration in 1994.Hughson joined in 1981 and became chief investment manager in 1996.Both appointments are […]

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