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Preferred range for non-conformers

Preferred Mortgages has launched a new range of mortgages for non-conforming borrowers, including the self-employed.

It says the new products are intended to simplify the process for intermediaries and their clients.

Preferred claims most sub-prime lenders price by loan to value or the customer&#39s credit history but it now offer rates taking both into accounts.

Its maximum mortgage has been raised to £750,000, rates start at 5.25 per cent and it has introduced three definitions of adverse credit of light, mid and unlimited.


Brown announces April budget

Chancellor Gordon Brown will present his next budget to the nation on April 17, the first April budget in nearly a quarter of a century.In an answer to a written question in the House of Commons, Brown announced the date for his next budget.

The key to company value

In my last article I started to look at formulae and comparisons fromthe share price pages which can be used to assess various aspects ofthe financial situation of quoted stockmarket companies.Before continuing with our look at these formulae it is worthstressing the fact that none of them, in isolation, is particularlyhelpful or instructive. Indeed, no […]

3 per cent fall in profits at Skipton

Skipton Building Society&#39s has announced a 3 per cent fall in profits to £39.3m for 2001 from £40.9m the previous year. It says this was mainly due to an “exceptional” boost to profits in 2000 from the sale of its Dealwise stockbroking business for £80 million. Skipton, which has 15 financial sector subsidiary firms including […]

SecureHealth keeps options open

SecureHealth has teamed up with Legal & General to offer options, a private medical insurance (PMI) plan that can be tailored to the needs of different age groups.Options plan individual offers cover for single people, couples and families. It has six options, which can be bolted together if an upgrade is needed. Cover can also […]


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