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Portman rolls out mortgage range

The Portman Building Society is offering a new range of mortgage products offering home buyers a wide range of benefits.

The range includes the Successor Mortgage offering rates of 6.49 per cent until 7 January 2001, LTV of 95 per cent and no early repayment fee.

The lender is also offering a short-term, fixed-rate mortgage at 4.99 per cent fixed until January 2001 with a maximum LTV of 95 per cent and 25 per cent penalty-free capital repayment in the first five years.

The long-term, capped-rate mortgage has a rate of 6.75 per cent capped until 7 January 2001, with LTV of 95 per cent, and 25 per cent penalty-free capital repayment in the first five years.

The cashback mortgage has a variable interest rate – currently 8.55 per cent LTV up to 95 per cent and five per cent cashback up to a maximum of £10,000.


Berkeley Alexander introduces its Income SafetyNet

ASU MORTGAGE PROTECTION PLANSBerkeley AlexanderINCOME SAFETYNETType: Unemployment cover for all financial commitments.Maximum benefit: Up to 75 per cent of gross monthly income subject to a maximum of £2,500.Benefit payment term: Up to 12 months.Deferred period: Choice of 30, 60 or 90 days.Premium: Thirty-day deferred – £3.75 for £100 cover, 60-day deferred – £3.50 for £100 […]

HSBC AM unveils income version of capital protected Pep

HSBC Asset Management is adding a new income Pep to its capital protected range in a bid to provide an alternative to corporate bond Peps.The HSBC Capital Protected Income Pep is capital protected regardless of stock market performance and aims to generate 7.5 per cent a year over a five year term.Investors can utilise both […]

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Pension freedom: wish you were here?

Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.


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