View more on these topics

Norwich & Peterborough fixed Spanish mortgage

Norwich & Peterborough fixed rate on Spanish properties

Type: Fixed rate, for Spanish properties

Rate: 5.04 per cent for two years, 5.99 per cent for five years

Underlying rate:

Income multiples: Three times single applicant salary; three times main salary plus second applicant’s salary; two times joint salary

Minimum loan: £40,000

Maximum loan: Negotiable, repayable over 20 years

Conditions: Mortgage advance and repayments paid in Sterling, from a UK bank or building society account. Valuation fee £375 (according to valuation)

Redemption fees: Six months interest in first five years

Commission: £250

Telephone: 01733 372006


Power to the people

Financial services managers and heads of IFA firms can sharpen their people management skills at an LIA conference in London later this month.The Manage to Manage conference will help managers to increase the effectiveness of their staff, improve business through effective account management and motivate and enhance performance through appraisals.Sessions will cover recruitment in a […]

Trolley wars

Cofunds is set to unwind its exclusivity pact this year, allowing its four founders to join FundsNetwork and Fidelity to join Cofunds. With all the providers finally on all the platforms, which supermarket will you favour?Both: Based on my experience over the last year, Transact is my preferred route because not only does it offer […]

Verso/Mortgage Next BTL discount – 1.75%

Verso/Mortgage Next discount buy-to-let Type: Buy to let discountRate: 1.75% Discounted term: 1 March 2003Underlying rate: Bank of England base rate plus 1.98%Maximum loans: Up to 85 per cent of valuation subject to a maximum of £500,000Commission: 1% minimum £500Rental income: 125 per cent mortgage repayment at 6.5 per cent, interest only.Features: Valuation and MIG […]

Value-added facts

In the wake of CP121, last week I started to look at key taxation issues underlying commission rebates, cashbacks and discounts. I started with a general overview of the taxation of commission received by IFAs and rebated to clients.Still maintaining a general outlook, we now need to consider the position of cashbacks and discounts for […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


News and expert analysis straight to your inbox

Sign up


    Leave a comment