View more on these topics

Pink Home Loans – 1.25 Per Cent Discount

Tuesday, 28th November 2000.



Discounted term: Until December 1, 2002.

Discount: 1.25 per cent.

Payable rate: 6.49 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 95 per cent of valuation subject to a maximum of £150,000.

Income multiples: 3.5 times principal income plus second or 2.75 times joint.

Arrangement fee: £299.

Redemption fee: 5 per cent of advance until November 30, 2002.

Conditions: None.

Introducer&#39s fee: £500.

Tel: 01543 441530.

 

Recommended

Woolwich – One Year Fixed Rate Bond

Monday, 27th November 2000.Type: High interest account.Minimum-maximum investment: £500-£500,000.Interest rates: 6 per cent gross a year, 5.84 per cent gross a month.Term: One year.Offer period: Until further notice.Withdrawal penalties: No withdrawals permitted during term.Tel: 0800 222200. 

&#39Treaty of Rome to blame for review&#39

The FSA is blaming the 45-year-old Treaty of Rome for tying its hands over the polarisation review. It claims Article 85 of the Treaty of Rome, the foundation stone of the European Community, could be used as the basis of a challenge against the current polarisation regime. It says all it would take is one […]

&#39IFAs will sort out the pension mishmash&#39

Scottish Life is predicting the emergence of a new pension product to mop up the “mishmash” of existing schemes after the introduction of stakeholder. Speaking at one of ScotLife&#39s roadshows, CP61 Rev isited, head of pension strategy Steve Bee said employers will want an overriding product to tidy up all their existing pension schemes. He […]

Govett Investments – Corporate Monthly Income Fund

Tuesday, 28th November 2000.Type: Ucits.Aim: Income by investing in predominantly investment grade corporate bonds.Minimum investment: Lump sum £1,000, monthly £25.Place of registration: Dublin.Investment split: Investment grade bonds 80 per cent, non-investment grade bonds 20 per cent.Yield: 7.75 per cent gross a year.Isa link: Yes.Charges: Initial 3.5 per cent, annual 1.25 per cent.Commission: Initial 3 per […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment