View more on these topics

Northern Rock – 2 Year Stepped Flexi Fixed (With Fee)

Northern Rock – 2 Year Stepped Flexi Fixed (With Fee)

Type: Flexible fixed-rate mortgage

Fixed term: Until July 1, 2007

Fixed rate: Up to 95% of valuation 4.19% until July 1, 2006, 6.19& until July 1, 2007, up to 85% of valuation 3.99% until July 1, 2006, 5.99% until July 1, 2007

Minimum loan: 1

Maximum loan: Up to 95% of valuation subject to a maximum of 300,000, up to 90% of valuation subject to a maximum of 1m, up to 85% of valuation subject to no maximum

Income multiples: Based on affordability and credit score

Flexible features: Overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Arrangement fee: 695 plus 250 administration fee

Redemption fee: 3% of original loan until July 1, 2007 if mortgage is fully redeemed

Introducers fee: Refer to lender

Tel: 0845 600 1516


Independent view – Tom Warwick

The general election is over and soon the daily ritual of clearing a path through the numerous election publicat- ions which seem to fall through the letterbox every time you are not looking will seem like a dim and distant memory.

Lifetime’s experience

The FSA’s regulations have undoubtedly been a major burden on those operating in the lifetime mortgage sector. This is endorsed by many product providers as well as our own experience.

Norwich Union launches Manager of Managers funds with Aon

Norwich Union has appointed Aon Asset Management to select managers for its new range of manager of manager funds.The new range of funds will comprise Income, Cautious, Balanced and Growth funds, and will be available across Norwich Union’s Oeic, Isa and life products. The funds will be launched on 23 May 2005.Aon was chosen by […]

L&G goes beyond bare minimum

Legal & General has established a fourth issue of the protected capital and growth plan 2, a FTSE 100 linked guaranteed equity bond that provides a full capital return plus a minimum level of growth after six years.

Europe: Volatile share prices create opportunities for long-term investors

Mark Page and Laurent Millet, managers of the Artemis European Opportunities Fund, look at why, how and where fluctuations in European markets can generate opportunities for their fund. When asked what the stock market would do next, John Pierpont Morgan is reported to have replied that “it will fluctuate”. His (apocryphal) answer proved accurate. Over […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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