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Norwich & Peterborough – Three Year Fixed

Tuesday, 17th October 2000.

Fixed term: Three years.

Fixed rate: 5.99 per cent.

Minimum loan: £1,000.

Maximum loan: Up to 90 per cent of valuations subject to no maximum.

Income multiples: 3.25 times principal income plus second or 2.6 times joint.

Arrangement fee: £295.

Redemption fee: Six months&#39 interest in first five years.

Conditions: None.

Introducer&#39s fee: Loans up to £75,000 – £125, loans of £75,001-£200,000 – £175, loan above £200,001 – £225.

Tel: 01733 372372.


Foreign & Colonial – New @sia Fund

Monday, 16th October 2000.Type: Sicav.Aim: Growth by investing in Asia.Minimum investment: 2,500 euros.Investment split: Internet 31 per cent, software 20 per cent, technology & electronic 12 per cent, service 10 per cent, telecommunications 8 per cent, retail 7 per cent, venture capital 5 per cent, leisure 2 per cent, cash 5 per cent.Place of registration: […]

Egg loses £443m in deposits

Prudential&#39s internet bank Egg has announced losses of £443m in deposits for the third quarter bringing its total losses to £900m in the last 12 months. The loss is a result of the increasingly competitive online banking sector with a large number of players vying for a few online customers by offering attractive interest rates. […]

Dunbar in monthly pension charge for tied advice

Allied Dunbar is to start charging investors £2.75 a month for tied advice on its stakeholder-friendly pensions.The move, which has won praise from independent advisers, will see the charge become an integral part of the product although it will fall outside the 1 per cent annual man-agement charging cap stipulated under stakeholder pensions.Many independent advisers […]

West Bromwich Building Society – 5 Per Cent Cashback with One Year&#39s Discount

Tuesday, 17th October 2000.Discounted term: One year.Discount: 1 per cent.Payable rate: 6.74 per cent.Minimum loan: £30,000.Maximum loan: Up to 95 per cent of valuation subject to a maximum of £1m.Income multiples: Three times principal income plus second or 2.5 times joint.Arrangement fee: £295.Redemption fee: Value of cashback in first five years.Conditions: Cashback of 5 per […]


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