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New fixed rate mortgage from Genesis

Genesis Home Loans is launching mortgage fixed until January 2004 at 4.49 per cent up to 75 per cent loan to value and 4.69 per cent up to 95 per cent loan to value

The redemption penalty is 5 per cent of the loan during the fixed rate period, and the arrangement fee costs £295. The loan is available to borrowers with one county court judgment or a default of less than £300, provided it has been satisfied. The minimum loan is £25,000.


What advisers think of Sandler – Thomas Financial Planning

IFA Thomas Financial Planning warns against the introduction of multi-ties in its response to the Sandler review, claiming that they would only benefit providers which want to increase sales of unsuitable products from their tied agents.Principal Philip Thomas says it is clear that there is a lack of co-ordination among the Government and regulators because […]

Teather & Greenwood launch VCT

Teather & Greenwood is launching its first venture capital trust, which will invest in a spread of established AIM quoted companies.Bert Wiegman, founder of European Acquisition Capital, will be chairman of the T&C AIM VCT board. Former Perpetual UK Smaller Companies Investment Trust chairman and GT Unit Managers managing director Jamie Berry will also be […]

Exeter appoints European fund manager

Exeter Asset Management is appointing Mark Webster as a European fund manager, joining from Murray Johnstone where he was investment director for continental Europe.Murray was previously head of UK equities at Abu Dhabi Investment Authority.Exeter Asset Management managing director Chris Whittingslow says: “Mark is a valuable addition to Exeter&#39s investment team and provides us, at […]

Skandia adds to life cover in bond rebrand

Skandia is rebranding its bond range and offering enhanced additional life cover to investors.Skandia&#39s onshore bond range which includes its investment, capital and income and distribution bonds, will now come under the “multi” banner within its multi-manager fund supermarket.IFA clients can select life cover of up to 125 per cent of the initial investment with […]


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