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NU increases rates on mortgage life insurance

Norwich Union is increasing rates on its mortgage life insurance with guaranteed critical illness cover by an average of 3 per cent.

The change takes effect from this week, with angioplasty being removed from the list of conditions covered in line with other insurers. The maximum term has also been reduced to 25 years and expiry age to 65 years.

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Mansfield Building Society – Buy-to-Let Mortgage

Type: Discounted-rate buy-to-let mortgage Discounted term: Two years Discount`:1% Payable rate 4.75% Minimum loan: £35,000 Maximum loan: Up to 75% of valuation subject to a maximum loan of £250,000 Income multiples: Rental income must be at least 130% of monthly mortgage repayments Arrangement fee: £250 Redemption fee: 3% of the original loan in years one […]

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