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New self-cert mortgages from Coventry BS

Coventry Building Society has launched a new range of self-certification mortgages.

Aimed at self-employed borrowers, the new range includes flexible products at 4.25 per cent,4.49 per cent and 4.79 per cent. It also includes a fixed rate at 5.39 per cent until February 28th 2009, and a 1.39 per cent discount to February 28th 2007.

The maximum advance available is £350,000, and the maximum loan to value is 85 per cent unless stated otherwise.


Standard adding Liontrust to funds

Boutique fund manager Liontrust&#39s first large cap fund is among the range of 28 external funds which Standard Life will offer under its new pension proposition from March 15. Standard is also introducing a new commission model for its pension range, with commission based on the term until the custo-mer&#39s retirement date. Fourteen external fund […]

More homeowners using equity to buy second properties

One-fifth of remortgages are taken out to buy a second property, according to a survey by Paragon Mortgages. Six months ago, the figure was 15 per cent. Paragon believes the increase is a result of buoyant house price inflation increasing the equity in people&#39s houses, which they then release to buy second homes. Paragon&#39s survey […]

Pru wary despite bond sales surge

Prudential says it is continuing to tread cautiously in the UK insurance market after new business fell by 19 per cent last year to £607m in annual premium equivalent from £750m in 2002. UK new business was only slightly ahead of the Pru&#39s Asian operations, which reached £555m in 2003, up by 16 per cent […]

Product Matters

The last three years of market turbulence has understandably led investors to seek a safer haven for their money. Corporate bonds carry less risk than equities and have been a major beneficiary of investors&#39 cash during difficult market conditions. In recent months,we have seen speculation about whether the bond market can sustain its performance but […]


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