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NatWest Intermediary Solutions – 18-Month Tracker

NatWest Intermediary Solutions – 18-Month Tracker

Type: Tracker mortgage

Tracker term: Until December 31, 2011

Tracker rate: 2.49% above the Bank of England base rate

Payable rate: 2.99%

Minimum loan: £25,000

Maximum loan: Up to 75% of valuation subject to no maximum

Income multiples: Based on affordability

Conditions: For home purchase only, capital repayments of up to 10% a year allowed in the first 18 months without penalty,

Arrangement fee: £499

Redemption fee: 3% of the amount repaid in the first 18 months

Introducer’s fee: Refer to lender

Tel: 08459 00 11 10


Towers leaving Standard Savings

Former Standard Life Savings chief executive Geoff Towers is leaving the group at the end of March. Towers moved into the role of category director, established affluent in January.

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Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


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