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Platform – Self-Certification Five-Year Fixed Rate


Self-Certification Five-Year Fixed Rate

Type: Fixed-rate mortgage

Fixed term: Until July 1, 2010

Fixed rate: 5.85%, 5.99% with cashback

Minimum loan: 25,001

Maximum loan: Up to 85% of valuation subject to a maximum of 500,000, up to 75% of valuation subject to a maximum of 300,000

Income multiples: Up to 3.5 times principal income plus second or three times joint

Arrangement fee: 495

Redemption fee: 5% of the amount repaid until July 1, 2010, thereafter one months notice or 1% of amount repaid

Introducers fee: 0.5% of original loan subject to 250 minimum and 3,500 maximum

Tel: 0845 070 1999


Exchange sale sanctioned

The acquisition of Marlborough Stirling by Vertex Data Science has been sanctioned by the high court of justice.Marlborough Stirling is the parent company of IFA portal The Exchange.Vertex, a subsidiary of United Utilities, bought the company in March for 95.3m.It is expected to take control from 12 May.

Release your potential

The equity-release market is awash with new products, players and speculation about the huge potential for growth, with recent entries from Norwich Union and future moves from the likes of Bristol & West and Prudential.

Blight of the hunter

It might be that Artemis needs to update its mailing list slightly. A whole armada of envelopes arrived at the office of this paper with enticing invitations to a briefing from top profit hunters on the new strategic bond fund, James Foster and Alex Ralph.


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