View more on these topics

Pink Home Loans – 6.49 Per Cent Fixed

Tuesday, 17th October 2000.

Fixed term: Until June 1, 2010.

Fixed rate: 6.49 per cent.

Minimum loan: £35,000.

Maximum loan: Up to 95 per cent of valuation subject to a maximum of £150,000. Up to 90 per cent of valuation subject to a maximum of £250,000. Up to 75 per cent of valuation subject to a maximum of £500,000.

Income multiples: 3.25 times principal income plus second or 2.75 times joint.

Arrangement fee: £299.

Redemption fee: Year one &#45 10 months&#39 interest, year two &#45 nine months&#39 interest, year three &#45 eight months&#39 interest, year four &#45 seven months&#39 interest, year five &#45 six months&#39 interest, year six &#45 five months&#39 interest, year seven &#45 four months&#39 interest, year eight &#45 three months&#39 interest, year nine &#45 two months&#39 interest, year 10 &#45 one month&#39s interest.

Conditions: None.

Introducer&#39s fee: £150.

Tel: 01543 441 530.


PIA will allow PI excesses to be raised

The PIA is increasing the excesses permitted on IFAs&#39 professional indemnity insurance policies.The move follows reports of PI insurers sending IFAs renewal quotes which busted the regulator&#39s previous cap.Under the new PIA rules, excesses have been hiked to either £5,000 or 3 per cent of relevant income from £1,000 or 1 per cent of relevant […]

Newton Fund Managers – European High Yield Bond Fund

Monday, 16th October 2000.Aim: Income and growth by investing in European high yield corporate bonds.Minimum investment: Lump sum £1,000, additional £250, monthly £50.Investment split: B-rated corporate bonds – 67 per cent, BB-rated corporate bonds – 9 per cent, AAA-rated corporate bonds – 7 per cent, BBB-rated corporate bonds 6 per cent, AA-rated corporate bonds &#45 […]

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. […]

Sun Bank – Stretch

Tuesday, 17th October 2000.Type: Discounted-rate flexible mortgage.Discounted term: Until March 31, 2001.Discount: 1.5 per cent.Payable rate: 5.49 per cent.Minimum loan: £25,001.Maximum loan: Up to 90 per cent of valuation subject to a maximum of £200,000, up to 75 per cent of valuation subject to a maximum of £500,000.Income multiples; 3.5 times principal income plus second […]

A tough start for 2017 consensus trades

By Kacper Brzezniak Every year, starting around November, investment banks (and fund managers) begin to drip out their outlooks for currencies, rates, economies, you name it, for the following year. The consensus has been largely wrong for the past four or five years; those multiple rate hikes never came, the bond market is still alive […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm