View more on these topics

Northern Rock Intermediaries – 2-Year Everyday Fixed – Purchase

Northern Rock Intermediaries – 2-Year Everyday Fixed – Purchase

Type: Fixed-rate mortgage

Fixed term: Until April 1, 2012

Fixed rate: Loans up to 85% of valuation – 6.59%, up to 80% of valuation – 5.09%, up to 75% of valuation  – 4.09%, up to 70% of valuation – 3.59%

Minimum loan: None

Maximum loan: Up to 85% of valuation subject to a maximum of £500,000, up to 80% of valuation subject to a maximum of £1m

Income multiples: Up to 4.5 times principal income plus second or 4.2 times joint

Conditions: Capital repayments of up to 10% a year allowed without penalty, payment holidays for up to three months

Arrangement fee: £595

Redemption fee: 4% of the amount repaid in the first two years

Introducer’s fee: Refer to lender



Connolly: ‘Timetable of exam targets’

AWD appoints training chief in level four drive

AWD Chase de Vere has appointed Carl Pimlott to the newly established role of head of professional development and training. Pimlott will be responsible for the implementation of AWD Chase de Vere’s professional development plan in preparation for the retail distribution review. This includes ensuring that all AWD Chase de Vere advisers have achieved at […]

Stop railing against RDR

I see that yet again Alan Lakey is having a go at the regulator and venting his spleen at the RDR. Let me say I am sure that anybody whohas met Alan would not deny he is a decent person but I think he is getting a little obsessive on this topic and behaving a […]


FSA raps stockbroker Wills & Co

The FSA has censured London-based stockbroking firm Wills & Co for poor sales practices and not monitoring its advisers properly despite a fine and a previous requirement to take remedial action.

Europe outlook: Greek gridlock and Italian banks

By Rob Burnett, Investment Director, Head of European Equities As investors await a resolution of Greece’s repayment difficulties, we anticipate a period of consolidation in the European market over the next few weeks. Our base case is that the Greek government and the European Central Bank (ECB) will come to a solution, particularly given the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment