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Newcastle Building Society – Five-Year Fixed – Direct

Newcastle Building Society – Five-Year Fixed – Direct

Type: Fixed-rate mortgage

Fixed term: Until January 31, 2016

Fixed rate: 3.99%

Minimum loan: £50,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Arrangement fee: £800 completion fee plus £195 reservation fee

Redemption fee: 5% of the amount repaid in year one, 4% in year two, 3% in year three, 2% in year four, 1% in year five

Introducer’s fee: None



US couple charged with insider dealing

A former Deloitte tax partner and his wife were charged yesterday by the Securities and Exchange Commission for leaking information to family overseas in a multi-million dollar insider trading scheme. Arnold McClellan and his wife Annabel of San Francisco, California were charged by the SEC as a result of a joint investigation involving the FSA, […]

Abbey for Intermediaries launches new FTB product

Abbey for Intermediaries has launched a new three-year fixed rate mortgage exclusively for first-time buyers. The three-year fixed rate product is available at 5.69 per cent and for a £495 fee. It comes with the lender’s “homebuyer solution”, which offers borrowers free basic mortgage valuation and £250 cash back on completion. AfI has also reduced […]


Money Marketing wins trade/professional publication of the year

Money Marketing won personal finance trade/professional publication of the year at the annual Santander UK Personal Finance Media Awards. The prestigious awards were held last night at The Honourable Artillery Company in London and hosted by John Sergeant. Judges said Money Marketing was “on top of its subject and clearly understands its readers”. Money Marketing […]


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