View more on these topics

Northern Rock widens choice for borrowers

Northern Rock is introducing a range of flexible and traditional mortgages intended to offer a wide choice of competitive rates.

A two-year flexible fixed-rate mortgage is available, starting at 3.39 per cent up to 85 per cent loan to value, increasing to 3.59 per cent on an LTV of 95 per cent.

It has an early repayment charge of 3 per cent of the original balance for full redemptions in the first four years.

Long-term fixes include 10and 15-year loans at 5.79 per cent up to 95 per cent LTV.

Northern Rock has also cut fixed rates by up to 0.2 per cent on its Together range, which combines a mortgage with an unsecured personal loan to increase the amount borrowed to a maximum LTV of 125 per cent.

Sales and marketing director Andy Kuipers says: “Our new range offers a wide range of attractive rates and product propositions to homebuyers and remortgage customers.”

Recommended

FOS says split-cap complaints to hit 2,000 by March

Complaints about split-capital investment trusts are expected to rocket to 2,000 by March from zero a year ago, says the Financial Ombudsman Service.The estimate is part of the FOS&#39s annual plan and budget, published last week, in which it predicts a further 3,000 complaints about the product in the 12 months from March 2003 as […]

Standard slaps on 27% MVA

Standard Life is imposing a market value adjuster of up to 27 per cent on its with-profits funds to deter an exodus.The move more than doubles the firm&#39s previous 10 per cent MVA imposed in September last year.Standard says the rise was prompted by a marked increase in withdrawals following bonus cut announcements last week […]

Out of context

•”Even my mother gives me a hard time for being an actuary.” – Scottish Equitable sales actuarial director John Quinlivan.•”I came away from school with a funny one.” – Yorkshire Building Society PR David Holmes on picking up a regional accent.•”My landlady last night is the lady IFA of the year.” – Prudential Premier Mortgage […]

FSA making life harder for itself

We have always argued that the FSA is making a big mistake in killing off polarisation at a time of such uncertainty.But if it must do this foolish thing – and change has been inevitable for more than 12 months now – then the latest package of measures is as good as any other.We now […]

Certification guide

Guide: how to… certify your pension scheme

Certification is highly complex and surrounded by a minefield of information and auto-enrolment jargon, which can make it very difficult to understand. However, for many employers it is a necessary process that must be executed successfully.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com