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NPI launches sixth series with-profits bond




Type: Single-premium unitised with-profits bond.

Minimum investment: Initial – £10,000, additions – £1,000.

Bonus rate: Initial bonus rate of 8.5 per cent a year until December 31, 1999.

Allocation rates: £10,000 to £24,999 – 100 per cent, £25,000 to £49,999 – 100.25 per cent, £50,000 to £99,999 – 100.5 per cent, £100,000 – £249,999 – 100.75 per cent and £250,000 plus – 101 per cent.

Charges: Surrender – decreasing from 9 per cent in year one to 1 per cent in year five.

Options: Withdrawals up to a maximum of 10 per cent of original capital a year.

Commission: Initial – 5.25 per cent or 3 per cent plus 0.5 per cent renewal.

Tel: 01892 596098.


Derbyshire offers 7 per cent for 2 years

Derbyshire (Isle of Man)MANX BONDType: Two year fixed rate offshore building society bond.Minimum-maximum investment: £5,000 – £250,000.Place of registration: Isle of Man.Interest rate: 7 per cent gross.Term: Until October 31, 2000.Offer period: While funds last.Withdrawal penalties: Subject to 180 days&#39 loss of interest on amount withdrawn.Tel: 01624 663432.

Executive Connections fixes for the credit impaired

Exclusive ConnectionsFIXED RATE MORTGAGEType: Fixed rate mortgage for the credit impaired with county court judgements totalling up to £5,000 over last two years. Available on self-certified or verified basis.Fixed term: Until November 30, 1999.Fixed rate: 10.49 per cent, then Libor plus 4 per cent thereafter.Minimum loan: £25,001.Maximum loan: Purchases – up to 85 per cent […]

Abbey National slammed for debt collection methods

The Abbey National has been rocked by allegations that it is using underhand tactics to force people into paying repossession debts.The Sun newspaper says that Abbey has launched a campaign to prise money from unsuspecting debtors.The lender, the paper says, admitted to former customers that it had waited until they were in a better position […]

Grip offers Equality

ASU MORTGAGE PROTECTION PLANSGripEQUALITYType: Income protection contract providing protection in the event of unemployment or disability irrespective of age, gender, sexuality or occupation.Maximum benefit: Up to £2,500 a month.Benefit payment term: 12 months.Deferred period: 30, 60 or 90 days.Premium: £2.75 per £100 of monthly benefit.Commission: 20 per cent of monthly premium.Tel: 0171 264 2012.


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